Once You Start Trading Options, You’re Cooked
2 Jul 2026 · 0 min

0:28
Ramit Sethi warns that options trading is a losing game. He's never met a wealthy person who trades options, and says anyone who starts is likely to end up broke.

Ramit Sethi warns that options trading is a losing game. He's never met a wealthy person who trades options, and says anyone who starts is likely to end up broke.
Here's how I'm using an options trading strategy to bet the weather on prediction markets. Already you're going to lose money. I could stop the video right there. Once you say options trading, you're fucking broke. It's just a matter of time. I never met someone who's ultra wealthy who does options trading. I'm going to tell you right now, it's typically people who are uneducated and/or don't have a lot of money. That's it. There are no highly sophisticated people that you know doing options trading.