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Where I’m from spread betting and CFDs have been fairly big for decades and options fall into that - strikingly similar to Robinhood in how they’re used.

RH style option trading has obviously gotten a lot of press because of its popularity but away from that investors have been using the buy-write strategy for decades and the options strategy etfs are a big business too.

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Hey, as I understand you are from the UK.. indeed gambling has been a big business there for many decades, it's not even being taxed over there! And CFDs & spread betting fall into that category.

And I do agree that RH somewhat gamified options trading turning it into gambling. But my view is that options trading should not be like that. People should have appropriate tools so they can clearly understand their risks and use options for hedging and profit boosting.

And speaking of the UK most ppl are still completely unfamiliar with options trading and the benefits of it.. many label it as just another way to gamble, which is a shame..

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