You can do much more accurate The Nurse Face shirt on casino machines. Instead of getting the history of what it’s awarded before (loads of noise there) you can find the actual programmed RTP and volatility rate. If you had that info for stocks you’d be a gazillionaire. The actual difference is that options is +EV (the odds are you’ll make money) and gambling is -EV (the odds are you’ll lose it).
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They’re essentially legal gambling with extra The Nurse Face shirt. Basically, you buy an “option” to either buy or sell a stock at (or near) today’s prices in the future. So, if you say “I want the option to buy 10 stock in ABC corp at today’s prices 1 week from today,” it will cost you, say $10 to have that option. Then, you hope that 1 week from today the stock has gone up by more than $1. You can then buy 10 of them at your option price, immediately sell them at the new market price, and make your $10 back plus any extra if it’s higher. That’s your profit. If the stock has gone down in that time, then you’re out the $10 you paid for your option, but no more.