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General_Asleep t1_jdzoeib wrote

Reply to comment by SeemoarAlpha in What is a sucesssful rate of return for an options trader. by Aimadness

Wasn't Carl Icahn an options traders when he was young. If I remember right he did very well and then lost it all lol.

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BaalKazar t1_je0qid6 wrote

There wasn’t anything like 0DTE when he was young.

He probably hedged his portfolio with long dated puts and sold covered calls, the usual thing to do with options.

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General_Asleep t1_je0v4lm wrote

Oh yeah, he definitely didn't buy 0DTE haha.

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BaalKazar t1_je0zo26 wrote

It’s like a rollercoaster still, just reaaaaaaaally slow and going uphill instead of downhill

Pure adrenaline

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General_Asleep t1_je10j0p wrote

Haha he said that he lost it all thought, so I guess he took a good trip downhill at some point. Reminded me of myself when he said that.

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