Selling options for income is the most seductive trade in the market: collect premium up front, win most months, feel clever. It is also how most retail traders quietly build the one position that wipes them out. These lessons put you in the seller's seat with play money, so you feel the trap from the inside before it costs you anything real.
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The Premium Trap
Sell a put, collect the premium, win most of the time. Then meet the rare gap that erases months of it. Feel why win-rate is not safety.
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