Earlier quoted context omitted.
> Bohra’s Husband and Bohra’s Father-in-Law had spent more than $850,000 on purchasing Amazon call options and common stock in order to trade > Amazon’s stock price increased 2.87% over the prior day’s closing price. > In total, accounts belonging to Bohra’s Husband, her Father-in-Law, and her 10 Mother-in-Law made a profit of approximately $664,000 Am I stupid? $850,000 * 1.0287 = $874,395, which is $24,395 profit.…
Options are effectively gambling on which way you think a stock will go, rather than traditional share investment, and has much bigger returns and losses.
Options aren't gambling, they're typically used to hedge your position, hence the 100:1 leverage. You can easily hedge out entire positions with just a few contracts.