The Option Alpha Podcast

Show Notes: https://optionalpha.com/show220 In today's show, I'll walk through four clever, dare I say "wicked-smart", ways to leverage our proprietary SmartPricing technology for routing orders intelligently to the markets. If you're already trading with us at Option Alpha then you'll learn some new techniques that will help improve the efficiency of your bots and au...

Show Notes: https://optionalpha.com/show219 Calculating break even prices for different option strategies isn't as complicated and overwhelming as it might seem. Yes, you do need to perform some basic math functions to find different break even prices but it's certainly not rocket science. Plus, it's an invaluable concept to master because it's critical to your success as a tra...

Show Notes: https://optionalpha.com/show218 In life there are three things that are certain; death, taxes, and bear markets. For many new options traders, the current bear market we've found ourselves in might just be your first. An inconvenient reminder that risk is present when trading, particularly when trading options. But alas, as the old saying goes, "It's just part of the gam...

Show Notes: https://optionalpha.com/show217 Hey everyone this is Kirk here again from optionalpha.com, working every single week to make this the most popular investing podcast offered online because it's based on one thing and one thing only and that's. . . Helping you consistently place SMARTER trades. Thank you so much again for tuning in and welcome back!

Show Notes: https://optionalpha.com/show216 Hey everyone this is Kirk here again from optionalpha.com, working every single week to make this the most popular investing podcast offered online because it's based on one thing and one thing only and that's. . . Helping you consistently place SMARTER trades. Thank you so much again for tuning in and welcome back!

Show Notes: https://optionalpha.com/show215 On this week's episode, we'll present a collection of questions custom tailored for digging deep into your psychology and mindset around trading. These are questions you should ask yourself, ones that trading coach might ask you, on a recurring schedule to help uncover and keep a pulse on the potentially harmful subconscious "self-talk&quo...

Show Notes: https://optionalpha.com/show214 New traders with small accounts are constantly on the hunt for option strategies that help them get started but intelligently allocate their money without blowing up. And so back on Show 159 of the podcast we outlined a framework for building an options portfolio with just $3,000 which become of our most popular episodes. But when we recorded it, almost...

Show Notes: https://optionalpha.com/show213 Last year during the beta launch of the autotrading platform, I decided to take some time off from trading so that my full and undivided attention was appropriately on supporting groups of beta users during the launch of the autotrading platform. Plus, my live accounts were the proverbial "guinea pigs" for lots of critical testing and bug hunti...

Show Notes: https://optionalpha.com/show212 Allocating capital used to be a cumbersome and time-consuming process. Breaking out your calculator or excel spreadsheet to manually run risk calculations and position sizing percentages before opening new trades. That's all of course if you actually remember to check your position sizing before each new position. Now, with automated trading, smart...

Show Notes: https://optionalpha.com/show211 The iron butterfly strategy is a popular neutral options strategy. Plus, with their high probability and risk-defined characteristics, traders of any experience level can use in their portfolios. On this week's show we'll invest some time together and help you understand as many of the "ins and outs" of trading iron butterflies as we...

Show Notes: https://optionalpha.com/show210 Sometimes we don't know what we don't know. As a trader, we might have been conditioned after years of using legacy platforms to just "suck it up" and grid our way through complex and tedious tasks on a daily basis. But with automated trading, you can finally offload the things you do now (or should be doing) as a trader for bots and...

We are excited to announce that the Option Alpha platform doors are open to the trading public!  This episode explains how you can get access to our new platform and what to expect when you begin autotrading. We’ll also do a deep dive on why we built the platform, what it is, what it is not, and what’s next for Option Alpha. How to Get Access Join the Waitlist and request an invitation . You will...

Show notes: https://optionalpha.com/show208 The decades long evolution and growth in easily accessible brokerage platforms have created a self-reinforcing cycle of low attention span investors that are also now pulling even the deepest and most steadfast investors down the rabbit hole. Plus, the rise and popularity of meme stock investing certainly has pulled investor attention spans away from tra...

Show notes: https://optionalpha.com/show207 Earlier this year we officially rolled out a massive free resource for traders with our launch of The Option Alpha Handbook. No more wasting time searching endlessly across dozens of unreliable sources cluttered with ads to get answers to all your burning questions about strategies, markets, options, and so much more. We built this just for you and our g...

Show notes: https://optionalpha.com/show206 On this week's episode, I wanted to try something new and explore just a single bot template in detail together - a full and complete deep dive into the origin, strategy, automations, and decisions for one bot template. For this maiden voyage I chose the Trendy Short Put Spread bot which I believe is a great starting point for the potential series o...

Show notes: https://optionalpha.com/show205 Often the terms hedging and diversifying are used interchangeably by traders. You might hear someone say, "You need to hedge your positions..." or, "You need to diversify your portfolio..." and in either case we understand the overarching goal as broadly the same objective; reduce risk inside a portfolio. However, the means by which y...

Show notes: https://optionalpha.com/show204 Ever wish you could intelligently use automated technology that tracked and or trailed option trades for specific exit criteria without having to watch, edit, and replace orders day after day? Not some boring, outdated Good-Til-Cancelled order or generic, static Stop-Loss order either. Well our team granted this #1 wish from our beta users months ago and...

Show notes: https://optionalpha.com/show203 Futures trading is on the rise and continues to grow in popularity. The trouble has been however that for most traders getting started in futures they find it overly complex and hard to manage. Though more capital-efficient than stocks, futures contracts come with a slew of complex sizes and specifications that turn many traders away from them. Thankfull...

Show notes: https://optionalpha.com/show202 Decision recipes use easy to read natural language to help you setup detailed instructions for your automations to follow inside a bot. These decision recipes can also be grouped and linked together into infinite combinations so you have as much flexibility and control as possible. The last few months we've seen thousands of automations created insi...

Show notes: https://optionalpha.com/show201 This week on the podcast we finally release our much anticipated interview with Jason Goepfert of SentimenTrader.com. Inside Jason and I dive deep on investor psychology, market sentiment analysis, and discuss the concept of adjusting and managing risk exposure using sentiment as opposed to market timing. You don't want to miss this very timely and...

Show notes: https://optionalpha.com/show200 Well today we celebrate the 200th episode of the Option Alpha Podcast. First of all, I would like to thank everyone who has made the show possible, and most importantly, you the listener who has supported us in this journey to get to 200 episodes. It's pretty incredible that we got to this stage with this podcast. I hope that you really enjoy all of...

Show notes: https://optionalpha.com/show199 As automated trading starts going mainstream for retail traders, we wanted to ensure that expectations are set properly. Particularly, this includes discussing why we believe that automated trading does not mean unattended trading. To help guide and frame this conversation I invited our Chief Market Strategist, Ryan Hysmith, back on the show with me. Ins...

Show notes: https://optionalpha.com/show198 After a couple of months on pause for the podcast, while we focused on the beta launch of our automated trading platform, we're thrilled to be back and ready to rock and roll again. 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. We...

Show notes: http://optionalpha.com/show197 There's a lot of research to support the usage of trend indicators as simple risk reduction elements that can be layered onto an existing strategy. The trouble, however, was that in the past investors had to monitor the trend and execute the appropriate trade reversals when the trend changed. With automation, we can now offload this simple portfolio...

Show notes: http://optionalpha.com/show196 Trading short naked puts (i.e. put selling or put writing) can be an effective and profitable options trading strategy. Often the attraction to naked put selling is the ability to collect premium with a margin for error if the stock drops, and have the ability to purchase stock at a discount to the current market price. The trouble comes however when the...