Entries & Exits

7 Step Entry Checklist

Here is a detailed breakdown of Option Alpha's 7 step entry checklist for filtering and entering new options trades.
7 Step Entry Checklist
Kirk Du Plessis
Apr 19, 2021

After hundreds of requests I've broken down the top 7 things you need to check or review before each trade. And this is not some quickly thrown together list. These are strategic steps that will help you make more decisive action when it comes to picking and filtering good trades from bad trades. Each checklist item is placed in perfect order so that you can quickly figure out if a trade is worth your time analyzing or not. This helps you stop looking at trades that don't fit your criteria before wasting more time looking at it.

No tags found.
Next lesson
Strong Liquidity Examples
Liquidity allows option traders to enter and exit trades more easily. Securities with strong liquidity have narrow bid-ask spreads, which saves you money in the long run. Here are some strong liquidity examples.

Trade smarter with automation