You are at a party and some MBA student from a fellow university is talking about a recent lecture and are all fired up about options saying, "This is so easy -- a no-lose proposition! We'll all be millionaires by Christmas!"

Do you agree with them or disagree with them -- Why? (Or do you just wonder why you are at a party where they are talking about this type of stuff?)

Answer rating: 100% (QA)

Options are leveraged products whose price moves as per the price movement of the underlying asset I... View the full answer