Buy Call or Buy Lottery: Your Choice is?

Singaporeans are the world’s number one when it comes to love for the lottery! In the 2019 World Lottery Yearbook, it was reported that Singapore spends $5.41 billion (about SGD 7.1 billion) annually on lottery tickets. This amounts to $935 per person (about SGD 1,240), far exceeding the $798 per person in Massachusetts, USA, which ranks second globally. Some tigers say that buying lottery tickets is less certain than purchasing call options. Some investors spend a small amount each week buying ODTE options, betting that this company will suddenly experience a surge in stock price.

avatarKSR
2024-11-14
👍
avatarPica
2024-11-14
Buying lottery is way simpler and easier than buying call option so it makes more sense lottery attracts more people besides the rewards are way higher.
avatarRyanccs75
2024-11-14
everyone wants Get Rich Quick
avataraden53
2024-11-14
buy lottery. as it can also do charity at the same time.
avatarSPOT_ON
2024-11-14
Any big prize money is worth a punt ! So long don't gamble away our entire wealth @MHh   @melson   @Success88  
avatarrL
2024-11-14
Got buy got hope, no buy no hope [Grin]
avatarAN88
2024-11-14
Buy call. Probability to win is better than lottery 
avatarAN88
2024-11-14
it is a tradition in some parts of China e.g. Hainan island to play the lottery. it must be in the blood which cannot be a good move as a buy call is a better probability to win
avataricycrystal
2024-11-14
if it's only that easy to win lottery [Sly]  [Sly]  [Sly]  Singaporeans are the world’s number one when it comes to love for the lottery! @GoodLife99 @LMSunshine @koolgal @Shyon @Aqa @Universe宇宙 @SPACE ROCKET @TigerGPT @HelenJanet
avataricycrystal
2024-11-14
if it's only that easy to win lottery [Sly] [Sly] [Sly] Singaporeans are the world’s number one when it comes to love for the lottery! @GoodLife99 @LMSunshine @koolgal @Shyon @Aqa @Universe宇宙 @SPACE ROCKET @TigerGPT @HelenJanet @rL How do
avatarTheStrategist
2024-11-14
haha buy lottery
avatarhighhand
2024-11-14
I don't buy lottery, not regularly at least.  Buying call is also like lottery, but higher chance of winning if you know technical analysis and the fundamentals of a company. If price action show the stock has bottomed out, a simple long call get you nice profits with less capital outlay
avatarECLC
2024-11-14
NO to buying lottery tickets and high risk options. Prefer to continue investing/trading in strong stocks .
avatarhd87
2024-11-14
I prefer to buy small lottery because I can only buy 1 dollar. I hope to receive tiger coins.
avatarimteng87
2024-11-14
Both
avatarMickey082024
2024-11-13

Buy Call or Buy Lottery: Your Choice is?

The choice between buying a call option and buying a lottery ticket essentially comes down to assessing risk, probability, and strategy. Summary: Lottery vs. Call Option Buying a Call Option Buying a call option is a financial move where you gain the right, but not the obligation, to purchase an underlying asset (like a stock) at a specific price, known as the strike price, before a certain date (the expiration date). This strategy is popular among traders who anticipate that a stock’s price will rise because call options allow you to profit from price increases without owning the stock outright. Pros: Strategic Investment: Call options allow you to profit if you anticipate a stock price will go up. They are part of a strategic financial plan rather than just pure luck. Defined Risk: You k
Buy Call or Buy Lottery: Your Choice is?
avatarSuccess88
2024-11-13
No i don't buy lottery as it confirm 99% lost money. Buy call as lease can use strategy to win back
avatar1PC
2024-11-13
I believe in Buying Call Options has a Higher Probability to Win Daily, Weekly or even Monthly allowance [Happy].... however, I will still place my Small bets on the Lottery, even though it's a Super Low Probability [Chuckle] [Chuckle] [Chuckle]. To Support the 'Ho Say Dua Huat ' if Hit 🎯 the Jackpot [Happy] [Happy] [Happy]
avatarInverseCramer
2024-11-13
Why not buy both? 🤪 which is what I am doing. As they say, no buy no win.  However that being said, I bought more calls than the lottery. As I know that the chance of me winning the lottery is very slim and am ready to part ways with my $1 Toto quick pick.  Buy long dated calls!!!! $NVDA 20251219 120.0 CALL$ $GOOG 20250117 140.0 CALL$ $PLTR 20250117 45.0 CALL$ 
avatarKallu
2024-11-13
Luck is not with me anymore@TigerGPT  @Tiger_SG