Would it be smart to start making directional bets?

***TLDR:*** *Currently paper-trading CCs and CSPs. Not sure if I should learn directional bets and start trading them. Comfortable losing $500-$700 p/m to fund this once I move to live trading.* **Context** I have been paper-trading options for the last three months and I feel comfortable with low-risk income generating strategies. I would now like to understand if directional bets are worth learning and executing (buying calls and puts). **Background info** * I am a high earner, but not rich. Looking for additional income (Extra $10-20$k per year). * I am a long-term stock investor (5yo). * Currently paper-trading $NFLX covered calls and & cash-secured puts only. * I'll start trading live when I feel comfortable enough with options. **Context** * CC and CSP are evidently great for generating consistent income (2-5% per month), but I am young, so I'd like to take a risk and start making a directional bets. * I am drafting a long-term bull case for $NFLX as I believe it will well exceed $100 within 3 months or by YOE, depending on market conditions. * I am comfortable losing about $500-$700 p/m to fund these bets once I move to live trading. **Question** * Are directional bets too much like gambling? Is it even worth the money? I'm not sure if I should just buy more $NFLX stock instead. Thanks!