I read your posting again, bro,...
Emm,... I think he started slowly and did not use margin,.. if I recalled what he wrote earlier. He made some good calls and predicted the right directions for his sells and puts when times were good and 'easier to predict'. From here, he collected premiums. With such premiums, just like dividends, he bought more US shares with which he increased his holdings, then enabling him to partake more of Options 'gambles'.
Sorry,.. I also do Options,... I even do Forex,... and I call them 'gambles',... please tread carefully, bros....
His actions are 'commendable',... but not his writings when he started signalling to others that it is easy to win like this !!!!
And to top it off,... he started saying he is not going back to dividend-investing, blah-blah-blah,... and :
dividend-investors are slow in making money. Why insult others ? Look at his past writings,...
Yes I personally feel it's like gambling too. One can only know for sure if can see future correctly.
But if search articles "is options gambling" all of them say no.. 😂
These derivatives are good income for brokers.. That's why. So thread carefully. My investors friends also told me if new to investing just stick to stocks or ETFs first. Greedy later end up lose more money.