It is a shame that so many people are not financially educated enough to take advantage of moments like this in history. A financial crisis is a time when fortunes are made, and if you properly navigate each one throughout your life you can give yourself a major step up in networth.
For the vast majority of people the problem is lack of access to capital to invest, not education on how to invest.
I know a lot of blue collar workers, restaurant workers, farmers, truck drivers... their concerns during the pandemic is “how am I going to pay my rent / mortgage / medical / credit card bills next month”... investing in the stock market is not on their radar:
For the upper middle / upper class who do have extra cash to play with, it’s important to realize these specific market conditions are rare and unpredictable (it’s still possible for there to be another major sell off, just because we’re up doesn’t been we’ll stay up). It’s easy to look back and say “oh I could have made 40% in 3 months” after it happened. Yet many of the best money managers missed most of the upswing because no one was expecting a V shape recovery so quickly.
To build wealth, don’t try to time markets or pull crazy stunts like outing cheap OTM options. Just invest a steady percent of your income in index funds every month over a long period of time.
The shame is not that people don't have financial literacy.
Consider that many suffer from all manners of adversity that are tough to overcome: ill health, bad fortune, financial setbacks, lack of inherited wealth, and so on.
Look around you – becoming successful is like walking on a tightrope, a series of little nudges can easily knock you off and you may never get back up.
Your bio does say "Ethically challenged software engineer working for a major tech company" ! :)