As is obvious to most, above, 'option' means a potential strategy. Below, 'option' means calls and puts. Which I don't know much about.

In terms of swing or position trading, I’m wondering if options can lower the barrier to entry. Suppose a trader is well educated, great judgment, has a nice track record. They don’t let their greed or fear cause them to do something stupid. But they have an account of 5k or less.

The fact that options grant you access to more shares than you have the money to buy, but, if it fails, you only loose the cost of the option, means smaller accounts could earn higher profits.

Am I understanding this correctly?