Beginner's Guide to Trading Option Spreads
Options spreads are a simple but powerful and flexible strategy for traders. This episode focuses on understanding option spreads and how to trade them in your portfolio.
Building a Bot for All Market Conditions: The "Hexabot" Story
What if you could build an automated strategy that navigates all market conditions? The Hexabot evaluates the market trend and proactively adapts to current market conditions. In today’s episode, we introduce you to the Hexabot and share its entire origin story.
2 hours, 40 mins
A Holistic View of Option Strike Prices
Strike prices are a critical concept to master if you're going to trade options. You need a holistic understanding of what they are, how they work, and why they are different than break-even prices to successfully and safely trade options.
How to Setup & Trade a Synthetic Covered Call Strategy
Covered calls are a great way to generate income on your stock positions. Learn why many stock traders start with covered calls and the benefits of using a synthetic covered call strategy.
Four "Wicked-Smart" Ways to Use SmartPricing
On this episode, we'll explore four intelligent ways you can leverage SmartPricing in your automations.
How to Calculate Break Even Prices for Option Strategies
Follow along step-by-step as we break down break even price calculations for ten popular options strategies.
How to Survive Bear Markets Trading Options
Bear markets are inevitable and unavoidable. In this episode, we present intelligent ways to prepare for and survive a bear market using options trading.
Shop Talk: Autotrading Expectations, Trading Routine and Consistency, and Market Update
In this week's shop talk, we explore how to manage your autotrading expectations, and share tips for trading routine consistency, and discuss current market news.
Shop Talk: Twitter Bid, Oil Volatility, and Strategy Selection
We "talk shop" about the recent news with Elon Musk's Twitter bid, why people are attracted to IPOs, selecting and refining the right strategy, crude oil volatility, habit-forming and changing, and what we have noticed in markets recently.
The 15 Trading Psychology Questions to Ask Yourself If You Don't Have a Trading Coach
In this episode, we present a collection of questions to help you dig deep into your psychology and mindset around trading.
Build A Fully Automated Options Portfolio with $3,000 in 1-Click
On this podcast, we introduce a new bot template that you can clone with one click. This bot is perfect for traders with portfolios of around $3,000.
1 hour, 19 mins
What I Learned From NOT Trading Last Year
I did not trade last year. My attention was focused on the launch of the autotrading platform and not on the daily routine of trading. The year away provided many lessons that I want to share with you all in this episode.
How Smart Traders Allocate Capital Efficiently Inside Their Bots
In this show, we'll highlight ways to allocate capital inside your bots and unpack some thought-provoking questions you should consider when building your automated trading strategies.
Iron Butterfly Strategy - 8 Tips Before Your Next Trade
The iron butterfly strategy is popular for traders of all experience levels. This episode explores the basics and provides 8 actionable suggestions you should consider before placing your next trade.
1 hour, 1 min
12 Complex Things That Are Simple To Automate With Bots
Trading doesn't have to be complicated. Before automation, you had to complete countless tasks manually for every position. Now you can automate these repetitive processes with bots. Here are 12 examples of complex things you can automate with bots.
1 hour, 3 mins
The Doors Are Open to Autotrading & The Next Chapter of Option Alpha
In this episode, we share how to get access to our new platform and what comes next on your autotrading journey. We’ll also explore why we built the platform, what it does, and what’s next for Option Alpha.
1 hour, 21 mins
The Importance of Deep Work for Traders
What is "Deep Work?" How can it help your investing and your life? In this episode, we'll discuss the concept's roots and share tips to improve your daily routine.
The Option Alpha "Handbook"
Learn more about the Option Alpha Handbook, a free, non-subjective, digital encyclopedia for everything you want to know about trading.
Trendy Short Put Spread [Bot Talk]
Follow along step-by-step as we build a bot and update automations. Learn how to use the Backtester to identify a strategy and create a bot template with simple, specific decision criteria.
1 hour, 26 mins
Hedging vs. Diversifying
What is hedging? What is diversifying? Are they the same thing? This episode takes a closer look at the pros and cons of each concept, portfolio risk management, and what you really need to know about correlation.
How to Intelligently Use SmartStops
Learn how to intelligently use SmartStops to optimize your trade exits with Option Alpha's proprietary technology that lets you set a profit target and trail the position with a stop loss.
Interview w/ Pete Mulmat - Futures And The Small Exchange
On this episode, Pete Mulmat of the Small Exchange joins the podcast to discuss futures contracts. Learn why Pete is on a mission to make futures more accessible with small, standardized, and simple contracts.
8 Popular Decision Recipes for Automated Trading
Decision recipes are the building blocks of automations. On this episode, we highlight eight popular decision recipes used in the autotrading platform.
Interview w/ Jason Goepfert of SentimenTrader.com
In this interview, Jason Goepfert discusses investor psychology, managing risk exposure, and whether market sentiment analysis actually works.
A Case Study on the Volatility of Bid-Ask Spreads
On this episode, we do a deep dive into the volatility of bid-ask spreads with four case studies, and discuss how you can use automation to address pricing anomalies.
Automated Does Not Mean Unattended
On this episode, we talk about the future of automated trading, if automated trading provides an edge, and the possible downsides of automated trading that you should carefully consider.
State of the Union: Same Mission, Better Tools
On this week's show, we'll do a mini "State of the Union" on what we've been up to, what's new, and what you can expect moving forward.
1 hour, 8 mins
Fully Automated Trend Trading w/ Stocks or Options
This podcast walks through the two macro trend bots we built to demonstrate how you can start leveraging the new automation tools at Option Alpha to trade either stocks or options in a trend.
1 hour, 5 mins
Hedging Short Naked Puts
This show is dedicated to helping you understand all the different ways you can hedge a short naked put.
Short-Term Performance of Long-Term Strategies
It’s well documented that investors not only chase performance, ultimately yielding sub-par performance in pursuit, but they also do not have enough patience to stick with strategies long enough. My hope is that it ends today. You should objectively look at strategies for what their expected outcome range is, not what it’s done recently.
1 hour, 6 mins
Interview with Cameron Skinner
In today’s show I welcome back Cameron Skinner to learn more about his strategy when trading options.
An Automated Way to Start VIX Hedging
In this episode I walk through just one type of strategy that I think is the tip of the iceberg for situational trading and hedging bots. This example automates hedging using the VIX.
Deep Dive into Options Assignment & Exercising
In this show, we will go through 18 questions to help you prepare for the inevitable moment of options exercise and assignment.
The 13 Investor Biases that Ruin Your Performance
This podcast is geared specifically at exposing 13 classic and detrimental investor biases that ruin performance. Any of these sound familiar?
A Zillion Ways You Can Save Money to Invest
I’m going to help you break down the zillion ways you can save money to invest in core concepts that I have used my own life to save money at an incredible pace.
We’re Launching the 1st Automated Trading Platform for Options
In this episode we answer some common questions about the new autotrading platform. We’re also going to go through some of the features you will love about it.
1 hour, 5 mins
Options Trading Taxes for All Traders
When it comes to trading, tax concepts and terminology can get complicated fast. Our goal in this episode is to help educate and explain trading taxes for all traders so that it’s useful to you moving forward.
1 hour, 17 mins
15 Options Expiration Questions Answered
We answer 15 of the most popular options expiration questions to help you understand and effectively navigate options expiration.
Vacation Checklist for Option Traders
This is a vacation checklist for options traders to use before going off the grid so you don’t have any surprises when you turn your computer back on after a few days of market activity.
How to Execute and Fill Options Trades
This show is dedicated to executing and filling options trades.
Adjustments Followed by Assignment [FXI Case Study]
This episode is a case study of a recent FXI position in which we were assigned stock. I'll walk through the entire position from start to finish, including all the profit and loss calculations with adjustments and early assignment.
The Predictive Power of Investor Sentiment
We explore investor sentiment from all angles and help discover which readings, if any, give predictive power to future stock market returns or trends.
Trading Psychology & Emotional Intelligence for Options Traders
This trading psychology podcast was curated to help you learn how to more effectively recognize and manage the dozens of emotional and cognitive responses you’ll encounter in your trading career.
Correlation Research Suggests Diversification Fails When You Need It Most
This podcast episode helps to explain why diversification fails when multiple securities autocorrelate during market drawdowns.
The Best Covered Call Management Techniques
This podcast episode features the best covered call management techniques for stock and options traders.
LEAPS Option Contracts – A Complete Guide for Traders
We’re diving deep into “LEAPS” options contract in this podcast episode with a comprehensive guide for traders to help you make the best decisions for your portfolio.
Box Spread Basics for Options Traders
This podcast episode takes an in-depth look at box spread basics, their advantages and disadvantages, and how they can be used by options traders.
The Trader’s Guide to Index Options
This is a trader's guide to index options, how they work, how they are different, and what you need to be aware of if you decide to start trading them in your portfolio.
Protective Put Strategy Research Findings
After some in-depth research, these are the findings of the protective put strategy and its effectiveness at protecting or hedging stock positions.
The Impact of Volatility on Options
In this episode, we discuss the impact of volatility on options pricing.
We Stopped Trading Earnings After We Saw this New Research
In this podcast, I walk through the research on earnings moves and how different options strategies performed under various setups and conditions.
1 hour, 5 mins
The Misbehavior of Markets – Exclusive Interview w/ Co-Author Richard Hudson
We’re excited and honored to have a very special guest on the podcast, Richard Hudson. We discuss the misbehavior of markets and why financial models are flawed.
1 hour, 19 mins
Mastering Covered Calls (Free Audiobook)
This episode is a recording of the newest book Option Alpha released entitled “Mastering Covered Calls.” I encourage you to pick up your copy now (did we mention it’s 100% free) and follow along as you listen to this audiobook.
2 hours 1 min
Covered Calls – Top 3 Performance Insights from New Research
On this episode we go over the top three performance insights we learned from our massive study on covered call performance.
The 5 Critical Factors for ANY Trading Strategy
In this episode I want to cover the 5 critical factors that your trading strategy should have. To us, these serve as the foundational elements for choosing which investing vehicles, indicators, or systems most appropriately fit your portfolio.
Interview w/ Kevin Davitt – Former Market Maker & CBOE Senior Instructor
Check out our interview with former market maker and CBOE instructor Kevin Davitt. You're going to love this candid and wide-ranging discussion as much as we enjoyed the time with Kevin.
1 hour, 3 mins
The 27 Biggest Options Trading Fears
This is a list of the 27 biggest fears and questions traders in our community have about options trading.
Options Trading Profit Targets – When Should You Break the Rules?
These are the 3 potential market setups that lead us to break our profit-taking rules, based on the Profit Matrix research about holding positions longer towards expiration.
Understanding the Put-Call Ratio the Right Way
In this podcast episode, we'll discuss the put-call ratio and investigate if it is a useful market indicator.
Trading Options? Here Are the 11 “Golden Rules” to Follow
In the world of investing, and specifically trading options, you need to live by certain rules that keep you safe and protected from the unknowns of the market. These are the 11 golden rules to follow.
The 2 Major Problems with Buying Options During Low IV Markets
Since we are option sellers and our edge comes from selling overpriced options when IV is high, it's natural to assume that buying options during low IV markets is a way to make money. This podcast explains why that is not always true.
The 5 Month “Grind” Following XLE Short Put Option Assignment
This episode provides an in-depth look at a short put options trade that resulted in assignment of long shares of stock. With patience, mechanical adjustments, and proper position sizing we were able to manage this position over many months.
Interview w/ Kevin Smith & Tavi Costa of Crescat Capital
In this podcast episode, we interview Kevin Smith and Tavi Costa from Crescat Capital, a top performing macro hedge fund.
Option Alpha’s New Autotrading Platform Updates
This is an updated look at the progress of the new autotrading platform at the time of recording. Will and Rob from the Option Alpha team join Kirk for an in-depth discussion about the new platform.
1 hour, 34 mins
How to Build an Options Portfolio with Just $3,000
Learn how to build an options portfolio with $3,000.
What Should We Do About this Losing Option Trade? First, Trust the Process
The truth is that you are going to have losing trades, a lot of them, over the course of your career. The first step on your road to elevating yourself is to ask yourself, "Can I trust the process?"
The Untold Story of the 3 Little Pigs that Traded Options
In this podcast I talk about why it's important we know the story of the three little pigs that traded options. I'll walk through each of the different portfolios the three little pigs used and how volatility and variance can impact long-term performance.
The 4 Market Situations You Should Avoid Aggressively Trading
In this podcast I walk through the four general market situations I avoid trading aggressively.
Ask Yourself These 7 Questions Before You Put on an Options Trade
Before you place your next options trade you need to ask yourself these 7 questions first.
The 17 Most Asked Questions by Option Alpha Members w/ Answers
This podcast is dedicated to the 17 most popular questions we are asked by Option Alpha members.
TLT Iron Butterfly & Covered Call Walk-Thru
If you trade iron butterflies today's case study is for you. We walk through our assignment and covered call adjustment that ultimately netted a profit.
Adjusting Short Straddles for $540 Profit (EWZ Case Study)
In this show we'll focus on our most recent case study in EWZ, a trade in which we turned a losing set of straddles into a $540 winner with a little patience and some mechanical adjusting.
How to Manage Your Money & Generate Wealth the Right Way
Learn how to manage your money and generate wealth with this 3 step process..
Assigned Option Contract Case Study in Gold ETF GLD
Were you recently assigned an options contract in your account? Here's a case study on how to manage the new stock shares moving forward.
The 5×2 Trading Psychology Matrix
This episode focuses on what I'm calling the 5x2 trading psychology matrix. This "victim matrix" has 2 paths you can follow every trading event, and each path has 5 stages or steps.
Interview w/ Former CBOE Options Market Maker David Lincoln
On this show, I have the opportunity to interview former CBOE options market maker and volatility trader David Lincoln. This is an episode you won’t want to miss!
Are You Making These 11 Common Options Strategy Mistakes?
Do you trade options? Struggling to be profitable? See if you are making these 11 common options strategy mistakes.
Backtesting Results Trading Monthly vs. Bi-Monthly Options for 10 Years
In this episode, we use backtesting results take a deeper look at whether it is more profitable to sell options 60 days out or 30 days out from expiration.
Interview w/ Larry Connors – "Buy the Fear, Sell the Greed" Book Review
On this podcast we interview a very special guest, Larry Connors, and discuss his new book, "Buy the Fear, Sell the Greed."
What’s the Rationale Behind Entering New Option Trades?
Choosing which ticker symbols and options strategies to use when entering new options trades can sometimes seem overwhelming. This podcast breaks down the key factors when entering new option trades and building out your portfolio.
EWZ Short Put Option Assignment Case Study
In this podcast, I want to walk through a recent trade in which we were assigned on a short put and help you understand how being assigned options impacts your account and how you can still trade around these events using a couple key strategies.
Ultimate Guide to Contango and Backwardation Option Pricing
In this podcast episode I want to slowly walk through the concept of contango and backwardation. I will offer a couple of different examples showing how it works in real life and how we might be able to use this awareness of futures pricing part of an options strategy in our portfolio.
Why Some Option Trades “Explode” in Your Face & What to Do About It
Ever feel like some of the options trades you make blow up in your face? Here's why it happens and what you can do about it.
The 4 “Not-So-Obvious” Ways to Avoid Blowing Up Your Trading Account
When it comes to options trading, there are a lot of things you can control, and a few you cannot. This episode provides tips on how to manage the risks you can control and avoid "blowing up" your trading account.
The “Expected Probability Paradox” for Options Traders
In this episode, we dive into the three main areas of the expected probability paradox to help you understand why option selling still outperforms the market, even if you can't find perfect pricing.
The Ultimate Guide to Option Skew & Volatility Smile
This podcast is a deep dive into options skew and the volatility smile for both inter-month and intra-month option contracts.
How to Calculate Break-Even Prices on Iron Condors & Iron Butterflies
Today's podcast is essential to help you understand how to calculate break-even prices the correct way on iron condors, iron butterflies, and other risk-defined strategies.
You Don’t Need a Degree in Financial Engineering to Understand How Implied Volatility Works
The goal of this podcast episode is to help you completely understand how implied volatility works, why we need it, where it comes from, and how we can profit from it as option sellers.
How to Learn from Trading Mistakes & Transition into New Habits
In this podcast episode, you'll learn how to overcome the fear of being "wrong," learn from your trading mistakes, and transition into new habits.
Weekly Bull Call Spread Backtesting Results for DIA
On this episode, we use our backtesting software to analyze the results of a weekly bull call spread in DIA, the Dow Jones Industrial Average ETF, and its performance compared to a monthly bull call spread in DIA.
Can’t Trade Unlimited Risk Option Strategies? Here’s 4 Great Alternative Trades
Some traders wrongly assume that if they can't trade unlimited risk option strategies, such as straddles and strangles, that they should just avoid trading options altogether. Here are four alternatives to convert unlimited risk option strategies into risk-defined positions.
Rolling Options Forward – Multi-Month Case Studies in TLT & IWM
This show focuses exclusively on rolling options forward by showing you two different case studies in TLT and IWM. Both trades took multiple months to turn a profit and multiple rolls of our contracts.
5 Quick Tips for Smoother Option Order Execution
Here are 5 easy tips for smooth option order execution if you're having trouble getting trades filled in the market.
Do You Recognize These 4 Early Warning Signs of a Non-Diversified Options Portfolio?
Here is a look at four situations you need to be aware of when building out your portfolio. These early warning signals of a non-diversified options portfolio can help you adapt more quickly to an ever-changing market by making smarter trades and adjustments.
Stock Market Direction Becomes Irrelevant when You Average Down
This podcast offers some insight and examples of why higher trading frequency and averaging down (or up) around the market creates an environment in which market direction becomes more irrelevant the longer you trade.
What Contract Month & Option Strike Price Should I Buy or Sell?
When trading options, what contract month and option strike price should you buy or sell? We have the data from thousands of backtested trades to help you find the answer.
Manage Multiple Option Positions Without Having to Be in Front of the Screen All Day
In this podcast episode, we'll break down some of the best resources and tips on managing your options portfolio with limited time.
Learn How to Trade Options by Eating an Elephant in 90 Days
Want to learn how to trade options the right way? Follow our 90-day framework for mastering the options market.
The Ugly Truth About Selling Cheap Options
In this episode we explain why selling cheap options with high win rate probabilities may not be the best idea for your portfolio.