Of course they expired worthless and he said "sorry dude, but hey I've got another great tip!" - I said "NO!", (actually I said "@%*#!!$#$%!*!!") but the event was significant because I decided never to let someone else manage my money for me or take their advice. However I was hooked by the experience. This was then followed with several years of stock trading and then the transition to forex and some dabbling in commodities.

Yet now I am back into using options again to hedge my FX spot positions and I realized just recently as I bought a Yen call option that I had come full circle, back to my beginning, but now I had knowledge and was doing the exact same thing but with a reason. It was not a random punt at the casino now. I did not realize for some time that this was a strange return to my starting point.