Join Kirk Du Plessis on The Option Alpha Podcast, created and dedicated to you, the options trader, stock market investor or trading wannabe. If you're looking for inspiration, motivation and actionable advice on how to make smarter trades then join us each week for a new discussion, interview or case study. Discover how you can learn to generate and earn income investing with options (notice we said "earn" which means that there is work involved). Although Kirk confesses he is not a millionaire, he's been supporting his family with income from trading for more than 8 years and has personally coached more than 200 people from all over the world. Option strategies, earnings trades, adjusting trades, option pricing, delta, gamma, theta, risk management, order entry, technical analysis, probability trading and everything that works (and doesn't work) to help you make SMARTER trades.
Episodes (121)
-
OAP 120 : Option Trader Success - Why Some Traders Are Frankly Always More Profitable
OAP 120 : Option Trader Success - Why Some Traders Are Frankly Always More Profitable
Published: 26 Feb 2018 Duration: 24:33Show notes: http://optionalpha.com/show120 Over the last 10+ years I've seen thousands, and coached hundreds, of traders navigate the markets. And if you study option trader success long enough (and geek out about it as much as I do) then y... Read more →Show notes: http://optionalpha.com/show120 Over the last 10+ years I've seen thousands, and coached hundreds, of traders navigate the markets. And if you study option trader success long enough (and geek out about it as much as I do) then y... Read more →
-
OAP 119 : Don't Use A $6,000 Trade To "Practice" Trading Options
OAP 119 : Don't Use A $6,000 Trade To "Practice" Trading Options
Published: 23 Feb 2018 Duration: 27:24Show notes: http://optionalpha.com/show119 The last couple weeks of trading for many newbie investors was quite the learning experience. The market fell from all time highs quickly and then recovered nearly half of that move in a single wee... Read more →Show notes: http://optionalpha.com/show119 The last couple weeks of trading for many newbie investors was quite the learning experience. The market fell from all time highs quickly and then recovered nearly half of that move in a single wee... Read more →
-
OAP 118 : Top 5 Options Trading Psychology Lessons I Learned Over The Last 18 Months
OAP 118 : Top 5 Options Trading Psychology Lessons I Learned Over The Last 18 Months
Published: 10 Feb 2018 Duration: 24:08Show notes: http://optionalpha.com/show118 It's always good to look back and analyze what happened in the past. Often times it can help shape the future (good or bad) and how you trade moving forward. In today's show, I want to take some ti... Read more →Show notes: http://optionalpha.com/show118 It's always good to look back and analyze what happened in the past. Often times it can help shape the future (good or bad) and how you trade moving forward. In today's show, I want to take some ti... Read more →
-
OAP 117 : Let's Talk About "Deltas" For Options Trading
OAP 117 : Let's Talk About "Deltas" For Options Trading
Published: 22 Jan 2018 Duration: 29:51Show notes: http://optionalpha.com/show117 One of the most popular and widely used options greek is Delta. And while I believe that you can't necessarily learn about option pricing and option greeks in a vacuum as they all work together to ... Read more →Show notes: http://optionalpha.com/show117 One of the most popular and widely used options greek is Delta. And while I believe that you can't necessarily learn about option pricing and option greeks in a vacuum as they all work together to ... Read more →
-
OAP 116 : Debit Spreads Vs Credit Spreads - When To Use Each
OAP 116 : Debit Spreads Vs Credit Spreads - When To Use Each
Published: 15 Jan 2018 Duration: 18:29Show notes: http://optionalpha.com/show116 You've targeted a stock or ETF setup you like and want to make a directional trade. Maybe some technical indicator alerted you to a possible turn in the underlying or you just needed to hedge your ... Read more →Show notes: http://optionalpha.com/show116 You've targeted a stock or ETF setup you like and want to make a directional trade. Maybe some technical indicator alerted you to a possible turn in the underlying or you just needed to hedge your ... Read more →
-
OAP 115 : How To Avoid The Big Mistakes Executing An Options Order
OAP 115 : How To Avoid The Big Mistakes Executing An Options Order
Published: 8 Jan 2018 Duration: 23:57Show notes: http://optionalpha.com/show115 As with many things in life the 80/20 principle can help guide and focus our attention on the most important aspects of options trading. In particular, trade entry and executing an options order ... Read more →Show notes: http://optionalpha.com/show115 As with many things in life the 80/20 principle can help guide and focus our attention on the most important aspects of options trading. In particular, trade entry and executing an options order ... Read more →
-
OAP 114 : Managing Inverted Option Positions - Once Difficult, Now Easy
OAP 114 : Managing Inverted Option Positions - Once Difficult, Now Easy
Published: 1 Jan 2018 Duration: 42:35Show notes: http://optionalpha.com/show114 Short straddles and short iron butterflies are some of our most profitable option strategies, and a consistent staple when trading in our PRO and ELITE membership levels. However, when it comes adj... Read more →Show notes: http://optionalpha.com/show114 Short straddles and short iron butterflies are some of our most profitable option strategies, and a consistent staple when trading in our PRO and ELITE membership levels. However, when it comes adj... Read more →
-
Free Options Trading From Robinhood: Our Exclusive Interview With Co-Founder Baiju Bhatt About The Future Of Online Trading
Free Options Trading From Robinhood: Our Exclusive Interview With Co-Founder Baiju Bhatt About The Future Of Online Trading
Published: 30 Dec 2017 Duration: 33:49Show notes: http://optionalpha.com/robinhood Often times people ask me why I continue to run Option Alpha and give away so much free content, courses and training when we could easily charge for it? And the simple answer is that I'm in it f... Read more →Show notes: http://optionalpha.com/robinhood Often times people ask me why I continue to run Option Alpha and give away so much free content, courses and training when we could easily charge for it? And the simple answer is that I'm in it f... Read more →
-
OAP 113 : Long Straddle Earnings Option Strategy Backtest Results
OAP 113 : Long Straddle Earnings Option Strategy Backtest Results
Published: 25 Dec 2017 Duration: 33:45Show notes: http://optionalpha.com/show113 Often times when new traders go through their first couple earnings cycles and experience large moves in the underlying stock, it can feel almost natural to want to buy contracts via a long straddl... Read more →Show notes: http://optionalpha.com/show113 Often times when new traders go through their first couple earnings cycles and experience large moves in the underlying stock, it can feel almost natural to want to buy contracts via a long straddl... Read more →
-
OAP 112 : Does Trading Every Day Really Make You A Day Trader?
OAP 112 : Does Trading Every Day Really Make You A Day Trader?
Published: 18 Dec 2017 Duration: 20:48Show notes: http://optionalpha.com/show112 Depending on where you started your options education, trade frequency was either glossed over or talked about in-depth. Here at Option Alpha, we've suggested for almost a decade now that to find s... Read more →Show notes: http://optionalpha.com/show112 Depending on where you started your options education, trade frequency was either glossed over or talked about in-depth. Here at Option Alpha, we've suggested for almost a decade now that to find s... Read more →
-
OAP 111 : Should I Buy Back My Penny Options Or Let Them Expire Worthless?
OAP 111 : Should I Buy Back My Penny Options Or Let Them Expire Worthless?
Published: 9 Dec 2017 Duration: 28:02Show notes: http://optionalpha.com/show111 You made an options trade and the position has gone well, leaving you with a nice fat profit as expiration approaches. Now the question becomes, what do you do with these cheap out of the money opt... Read more →Show notes: http://optionalpha.com/show111 You made an options trade and the position has gone well, leaving you with a nice fat profit as expiration approaches. Now the question becomes, what do you do with these cheap out of the money opt... Read more →
-
OAP 110 : Become A Better Options Trader By NOT Watching The Market
OAP 110 : Become A Better Options Trader By NOT Watching The Market
Published: 21 Nov 2017 Duration: 24:17Show notes: http://optionalpha.com/show110 Why do we still believe that magically someday we'll have some inside scoop or tip that alerts us to market tops and bottoms? As hopefully rationale adults we often get lured into a false sense of ... Read more →Show notes: http://optionalpha.com/show110 Why do we still believe that magically someday we'll have some inside scoop or tip that alerts us to market tops and bottoms? As hopefully rationale adults we often get lured into a false sense of ... Read more →
-
OAP 109 : Say Good-Bye to Unlimited Risk Option Strategies Forever
OAP 109 : Say Good-Bye to Unlimited Risk Option Strategies Forever
Published: 7 Nov 2017 Duration: 24:40Show notes: http://optionalpha.com/show109 Unlimited risk option strategies get a bad rap in the investing community among newbie traders. And while our backtesting research has shown that unlimited risk positions like short straddles and s... Read more →Show notes: http://optionalpha.com/show109 Unlimited risk option strategies get a bad rap in the investing community among newbie traders. And while our backtesting research has shown that unlimited risk positions like short straddles and s... Read more →
-
OAP 108 : Rolling Up Strike Prices vs. Closing Out Trade - What Should I Do?
OAP 108 : Rolling Up Strike Prices vs. Closing Out Trade - What Should I Do?
Published: 3 Nov 2017 Duration: 28:56Show notes: http://optionalpha.com/show108 If you trade options longer than ten days you'll undoubtedly run into a scenario where you get challenged by a stock moving either higher or lower against your position. When this happens the first... Read more →Show notes: http://optionalpha.com/show108 If you trade options longer than ten days you'll undoubtedly run into a scenario where you get challenged by a stock moving either higher or lower against your position. When this happens the first... Read more →
-
OAP 107 : Interview w/ Option Alpha Member MACDDaddy & The "Wheel Selling" Options Strategy
OAP 107 : Interview w/ Option Alpha Member MACDDaddy & The "Wheel Selling" Options Strategy
Published: 10 Oct 2017 Duration: 33:34Show notes: http://optionalpha.com/show107 Today I've very excited to bring one of our very own Option Alpha family members on the show, MACDDaddy aka Robert. He's been a member for many years and someone I continue to seek advice from in m... Read more →Show notes: http://optionalpha.com/show107 Today I've very excited to bring one of our very own Option Alpha family members on the show, MACDDaddy aka Robert. He's been a member for many years and someone I continue to seek advice from in m... Read more →
-
OAP 106 : TLT Short Stock Assignment Case Study - From Loser To $426 Profit
OAP 106 : TLT Short Stock Assignment Case Study - From Loser To $426 Profit
Published: 6 Oct 2017 Duration: 25:37Show notes: http://optionalpha.com/show106 As some point or another new option traders worry about their option contracts being assigned. Namely short call options getting short stock assignment. But it's never as bad or horrifying as it ma... Read more →Show notes: http://optionalpha.com/show106 As some point or another new option traders worry about their option contracts being assigned. Namely short call options getting short stock assignment. But it's never as bad or horrifying as it ma... Read more →
-
OAP 105 : How To Protect Your Portfolio In A Down Market
OAP 105 : How To Protect Your Portfolio In A Down Market
Published: 19 Sep 2017 Duration: 28:00Show notes: http://optionalpha.com/show105 The further the markets continue to run higher, the greater the risk that another major market correction or market crash will happen in the near future. After all, as we pointed out in Show #15, t... Read more →Show notes: http://optionalpha.com/show105 The further the markets continue to run higher, the greater the risk that another major market correction or market crash will happen in the near future. After all, as we pointed out in Show #15, t... Read more →
-
OAP 104 : How To Use Pairs Trading With Options To Create Smooth Portfolio Growth
OAP 104 : How To Use Pairs Trading With Options To Create Smooth Portfolio Growth
Published: 15 Sep 2017 Duration: 30:41Show notes: http://optionalpha.com/show104 On today's newest podcast I want to turn the conversation a bit and focus on pairs trading with options. And this isn't the traditional pairs trading that you might have heard about before where yo... Read more →Show notes: http://optionalpha.com/show104 On today's newest podcast I want to turn the conversation a bit and focus on pairs trading with options. And this isn't the traditional pairs trading that you might have heard about before where yo... Read more →
-
OAP 103 : How to Pick the Right Stock Options Strategy For Wealth Building
OAP 103 : How to Pick the Right Stock Options Strategy For Wealth Building
Published: 2 Sep 2017 Duration: 31:04Show notes: http://optionalpha.com/show103 Even after discussing and outlining the general process for how to pick the right stock options strategy in previous podcast and videos, I continue to get members who are confused how it should wor... Read more →Show notes: http://optionalpha.com/show103 Even after discussing and outlining the general process for how to pick the right stock options strategy in previous podcast and videos, I continue to get members who are confused how it should wor... Read more →
-
OAP 102 : Are You Selling Options That Are Way Too Cheap?
OAP 102 : Are You Selling Options That Are Way Too Cheap?
Published: 26 Aug 2017 Duration: 28:43Show notes: http://optionalpha.com/show102 When selling options, often I get a question or inquiry from members of our community with regard to how far out of the money we should sell our options and set our positions. Now, I typically targ... Read more →Show notes: http://optionalpha.com/show102 When selling options, often I get a question or inquiry from members of our community with regard to how far out of the money we should sell our options and set our positions. Now, I typically targ... Read more →
