I agree. I’m not saying its not without it’s risks, Options on individual stocks are pretty risky, but a call Option that follows the S&P500 over the course of 3 years? That’s a pretty safe bet. It takes a multi year US recession to lose that bet, and while certainly not impossible (we’ve obviously had a few of them over the past couple decades), but it’s the safest bet I’ve seen on Options.

I’m not advising people to do this, I’m using this scenario as an illustration to point out how making money on the US stock market is usually based off of mass speculation rather than any actual value made by people actually producing goods and services on the ground floor.