I see many friends going to gamble on earnings reports, buying a call to scratch. But from a probability perspective, this is far from a wise choice; it simply means the odds are not in your favor. A call is just a call, a lottery ticket is just a lottery ticket. The meaning of a lottery ticket is to add a bit of fun to mundane trading, but if you treat it as a supplement to cash flow, it's undoubtedly playing with fire, and you'll get burned sooner or later. As a leverage and hedging tool, in extreme markets, those with weak minds will lose everything. Besides, what kind of put hedging can small capital afford? •ᴗ•💧 For lottery tickets, I treat them as my monthly coffee money, prioritizing win rate, striving for 100%, and dare not expect anything else. Every day I look for opportunities in the market, picking up scraps, striving to survive for a few more decades. (´･_･`) $Microsoft(MSFT.US)$Amazon(AMZN.US)$Alphabet - C(GOOG.US)$Taiwan Semiconductor(TSM.US)