@MarketMovesMatt You didn’t mention one critical part of options : expiration date, the catches: your $25K collateral cash is frozen before expiration date, if price of the truck drops to $12.5K, you would be able to buy two with your $25K now you can buy only one.
@RadishHarmers Jacobian conjecture 2: if there is one counter example to Jacobian conjecture 1, there are infinite number of counter examples to conjecture 1