Rank #1: OAP 165 : Trading Options? Here Are The 11 "Golden Rules" To Follow
Show notes: https://optionalpha.com/show165Personally, I don't like rules. Mostly because I value freedom and flexibility so when someone says that I have to follow the rules I naturally push back. Things that confine me or tell me what to do don't fly well with me. But that only applies to things outside of trading and investing. In the world of investing, and specifically trading options, you need to live by certain rules. Rules that keep you safe and protected from the unknown of the market. I imagine that the 11 "Golden Rules" I'm going to present in this podcast will cause many of you to push back and challenge their usefulness. Mostly because they'll cause you to trade different than you have in the past, and being different means being uncomfortable. I'm okay with that and I welcome the discussion around them. But don't misinterpret this level of understanding in adoption to also represent flexibility when it comes to these rules. These are "unbreakable" rules for me and should be for you as well.
Oct 07 2019
Rank #2: OAP 159 : How To Build An Options Portfolio With Just $3,000
Show notes: http://optionalpha.com/show159This podcast is a long-time coming but one that needed to be done because we get a lot of questions from newbie traders about how to build an options portfolio with a small amount of starting capital. And while we openly suggest that you really start trading with at least $5,000 or more, as you'll hear me say a bunch in this show, we realize that a good majority of new traders want to start with less. That's why in today's show we'll play "pretend" and assume you absolutely want to start trading with just $3,000. Inside I'll walk through my though process on building out a portfolio that gives you the highest possible chance of success. We'll cover everything from position sizing, ticker selection, strategies to use, what ranges or targets for setting them up, profit taking and stop losses, and much more. The concepts we'll cover are applicable to any portfolio size so don't think or one second that this show is just for small account traders. If you trade a larger account size you can also pick up a lot of great nuggets of information.
Jun 24 2019
Rank #3: OAP 004 : How To Hack The Options Trading Learning Curve In 3 Months
In this session of The Option Alpha Podcast I'm going to give you a complete step-by-step guide to learning how trade options in 3 months. You'll learn to focus on 1 concept each week for 12 weeks.
Oct 25 2014
Rank #4: OAP 101 : The Ultimate Guide To Profitably Trading Options Full-Time
Show notes: http://optionalpha.com/show101
I believe that on some level every new trader dreams of trading options full time and not working a regular job. The reality is however, that you're need a lot of capital before you make the leap to full time trading and that means you'll have to learn how to effectively trading options while working your day job. Hard as it may seem at first, working full time and trading options is not that complicated nor is it impossible if you're smart about your time and the strategies you focus on. In today's show I want to cover 10 questions that our community members asked with my answers as to how I suggest working options trading into your busy work schedule. Note also that I also work a full time job as a stay at home dad to two little girls while running our massive community of 60,000+ traders. I've also had to learn to be incredibly efficient with my time actually making trades just like you.
Aug 02 2017
Rank #5: OAP 090 : The Art & Options Strategy Behind Quick "Earnings Trades"
Apr 24 2017
Rank #6: OAP 061 : Interview w/ Cameron Skinner - How He Earns 22% Annually Selling Options Every Day
Sep 12 2016
Rank #7: OAP 135 : You Don't Need A Degree In Financial Engineering To Understand How Implied Volatility Works
Show notes: http://optionalpha.com/show135
Today we'll condense potentially an entire semester of financial engineering into a single podcast episode. The goal being to help completely understand how implied volatility works, why we need it, where it comes from, and how we can profit from it as option sellers. This show is a little longer than normal but I think the time spent walking through the foundational elements of implied volatility and it's impact on option pricing are critical for anyone interested in generating long-term income as an option seller. I encourage you also to listen to this episode multiple times if needed. Enjoy!
Jun 20 2018
Rank #8: OAP 138: The "Expected Probability Paradox" For Options Traders
Show notes: http://optionalpha.com/show138
I'm going to go out on a limb and publicly declare that this podcast will be one of our top 3 to 5 shows we ever recorded. Aggressive and overly confident, maybe - but I have absolutely no doubt this podcast episode will be a game-changer for hundreds of thousands of options traders. The expected probability paradox for options traders, as I have coined this problem, is one of the most understood aspects of option selling and premium strategies. The root of this problem starts with the misunderstanding of initial strike price probabilities, perfect pricing of option spreads, and the impact of implied volatility on when rates and drawdowns. On today's show, we are going to dive deep into the three main areas of the expected probability paradox to help you understand why option selling, even in its purest form, even if you cannot find perfect pricing, still outperforms the market. We'll also talk about why laddering in some additional active management strategies such as profit-taking and making adjustments or rolling trades helps stabilize portfolios and increase returns. Put simply, skip this show at your own risk.
Aug 06 2018
Rank #9: OAP 003 : Learning How Options Work With Simulated Real Estate Deals
In this session of The Option Alpha Podcast I'll cover some key foundational concepts about Call and Put options contracts by highlighting a classic simulated real estate deal.
Oct 24 2014
Rank #10: OAP 127 : What Contract Month & Option Strike Price Should I Buy Or Sell?
Show notes: http://optionalpha.com/show127
You're ready to place an option trade and you're confident the stock is a good candidate. Now what? With dozens of contract months and hundreds of option strike prices to choose from - which ones do you select? In today's podcast, we'll help bring some more light to the "dynamic approach" we now use at Option Alpha for each and every trade we place. The framework and concepts around dynamic contract month and option strike price selection can help dramatically improve your long-term performance and reduce portfolio volatility.
Apr 23 2018
Rank #11: OAP 154 : The 17 Most Asked Questions By Option Alpha Members w/ Answers
Show notes: http://optionalpha.com/show154
We get a lot of emails each day - I'm talking hundreds of emails. Naturally, seeing so many questions and comments come through the system, we found that these 17 top questions keep coming up again and again. So, in an effort to help you, and our team reduce the support inquiries, I'm recording answers to each of these questions in today's show.
Feb 13 2019
Rank #12: OAP 103 : How to Pick the Right Stock Options Strategy For Wealth Building
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 work and the steps one might take. I ultimately believe that in most cases you might be over-thinking it especially when it comes to choosing tickers and market direction.
Today's podcast should help clear the air while also giving you concrete examples using a simple Iron Condor strategy. Finally, we'll talk in-depth about the new requirement to have a dynamic approach to your trading via our Trade Optimization Software to tweak and perfect your entries.
Sep 02 2017
Rank #13: OAP 060 : Warren Buffett's $5 Billion Dollar Options Trading Strategy That Everyone Ignores
Sep 05 2016
Rank #14: OAP 117 : Let's Talk About "Deltas" For Options Trading
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 represent potential price action for changing market conditions, having a solid understanding of how Delta works is important both in entering new positions and managing your basket of trades in a portfolio. Today's show dives a little deeper into the lead greek and covers both a basic understanding of what Delta is and how it works, plus some more high level insights into how I used Delta to enter our recent trade in XLE.
Jan 22 2018
Rank #15: OAP 053 : The 1 Hour Per Month Options Strategy That Beat The S&P 500 by 24%
Show notes: http://optionalpha.com/show53
What if there was an options strategy that took just 1 hour per month to implement and actually beat the S&P 500 benchmark index both in performance and with less overall portfolio volatility? What if that one strategy was available to any trader, regardless of your account type or size?You see, I believe you work too dang hard for your money and it doesn’t take a fancy financial planner or sophisticated mobile app to help you generate higher returns with less risk. All it takes is less than 1 hour per month. Yes, less time that it takes you to aimlessly scroll through your Facebook or Twitter feed. Well, you can stop day dreaming because it’s a reality and in today’s podcast episode I’ll walk through the exact strategy that beat the market. No fluff. No smoke or mirrors; just cold hard facts. I’m sick and tired of people trying to tell me that options trading doesn’t work because today’s episode crushes every one of these unsubstantiated myths about trading. Listen in and if you think this episode would be helpful to someone else, please help us spread the word here at Option Alph by sharing it with them. I mean how often can you share something online that actually helps someone make more money, with less risk? You just might become their new best friend!
Jul 21 2016
Rank #16: OAP 116 : Debit Spreads Vs Credit Spreads - When To Use Each
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 portfolio with a new trade. Whatever the case, you are now left wondering why type of options strategy to pick. How do you decide between trading debit spreads vs. credit spreads and when should you use each style? In today's podcast, I'll walk through the different market environments and setups that might work best for each.
Jan 15 2018
Rank #17: OAP 007 : Why Implied Volatility Is The Key To Your "Edge" Trading Options
In this session of The Option Alpha Podcast we're going to have a very advanced conversation about implied volatility (IV) and why understanding IV is critical to gaining and edge in the market. Plus we'll use a very specific example with YHOO and HAL both that have IV of 32% but when we apply IV percentiles we find out that you should be trading these stocks completely different. Buckle up - this one is intense!
Nov 13 2014
Rank #18: OAP 038 : Insider's Guide to Options Trading Taxes Part 1
For years, I've had members ask me about options trading taxes, ways to reduce your taxes, the best legal structures, international trading taxes and hundreds of other questions on the subject.
Recently I decided to survey just our PRO and ELITE members to find out what questions they wanted specifically answered when it came to trading taxes. What were the hot-button issues they had and subsequently never found an answer to?
After hundreds of responses I compiled a long list of questions I would get answered for you...
Today we're releasing Part 1 of a three-part series all about options trading taxes. And to help facilitate the discussion we've invited CPA Brandon Hall on the show we specializes in securities taxation to get professional answers.
Once we are done with this mini-series we'll also be compiling and releasing a guide on trading taxes to our members. Plus, if you have any follow-up questions you'd like Brandon to answer or be included in our next show, please add them to the comment section below.
Dec 11 2015
Rank #19: OAP 044 : Do You Know Which Options Greeks Are The Most Important?
And while looking at option greeks can be helpful, there's also a big misconception about them... one that trips a lot of traders up early on in their career.
Most traders falsely assume that the "Greeks" are part of an options price - but they are NOT part of option pricing. Option greeks are used only to estimate what an option price might do reacting to specific market changes.
Seems like a simple error but the resulting consequences could be the difference between winning and losing on your next trade.
In today's show, I'll run through each for the four major options greeks and tell you which ones you should be focusing on as you plan your next trade and how checking the greeks can help with choosing the right options strategy.
May 11 2016
Rank #20: OAP 068 : VIX Index - How To Trade Volatility w/ Mark Sebastian from OptionPit.com
Oct 31 2016