### Comment:
I would like to hear how this works as well. From my research, it is my understanding that the smaller the put the easier it is to profit...but that doesn't make sense because a smaller put would be a smaller investment?   
  
 I've always been interested about getting into trading but it is extremely complex from an outsider's standpoint.

### REPLY:
he basically bought $64k worth of those dollar lottery tickets you buy at the gas station

### END.