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The Option Alpha Podcast

Updated 4 days ago

Rank #87 in Investing category

Business
Investing
News
Business News
Read more

We are on a mission to help you make smarter investments and trades – it’s just that simple. So if that means pulling back the curtain on everything you know (or thought you knew) about options trading and the stock market then so be it.

Read more

We are on a mission to help you make smarter investments and trades – it’s just that simple. So if that means pulling back the curtain on everything you know (or thought you knew) about options trading and the stock market then so be it.

iTunes Ratings

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Average Ratings
669
26
8
10
15

Education is powerful

By estivez - Oct 27 2019
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This is a concise, well developed educational podcast. Well spoken and easy to understand concepts. Sometimes a bit wordy, but on topic and to the point for the most part. Ending the episode with a trade idea is a nice treat and for those new to options a great chance to paper trade and follow along. Something that I think would be new and a nice touch would be to have a member ,once a month, come on to the show to talk about their portfolio and what trades they are in and how they manage a trade. Getting real people on and not “professionals” I believe is a better way to reach the listeners.

Best tool for newbie and pro

By kdnme4now - Oct 21 2019
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It was the best day of my life when I discovered Kirk and Option Alpha. I had gone to many seminars and spent thousand of dollars on a program guaranteeing to teach me trading options. It wasn’t until I discovered Kirk’s teachings and podcasts that it finally made sense. He teaches in such a manner that a newbie like me understood what he was teaching, and as I get better his material keeps me coming back. I recommend his podcast to people almost daily and I have a heart full of gratitude for him and his staff (who by the way are so friendly and helpful!)

iTunes Ratings

728 Ratings
Average Ratings
669
26
8
10
15

Education is powerful

By estivez - Oct 27 2019
Read more
This is a concise, well developed educational podcast. Well spoken and easy to understand concepts. Sometimes a bit wordy, but on topic and to the point for the most part. Ending the episode with a trade idea is a nice treat and for those new to options a great chance to paper trade and follow along. Something that I think would be new and a nice touch would be to have a member ,once a month, come on to the show to talk about their portfolio and what trades they are in and how they manage a trade. Getting real people on and not “professionals” I believe is a better way to reach the listeners.

Best tool for newbie and pro

By kdnme4now - Oct 21 2019
Read more
It was the best day of my life when I discovered Kirk and Option Alpha. I had gone to many seminars and spent thousand of dollars on a program guaranteeing to teach me trading options. It wasn’t until I discovered Kirk’s teachings and podcasts that it finally made sense. He teaches in such a manner that a newbie like me understood what he was teaching, and as I get better his material keeps me coming back. I recommend his podcast to people almost daily and I have a heart full of gratitude for him and his staff (who by the way are so friendly and helpful!)
Cover image of The Option Alpha Podcast

The Option Alpha Podcast

Updated 4 days ago

Read more

We are on a mission to help you make smarter investments and trades – it’s just that simple. So if that means pulling back the curtain on everything you know (or thought you knew) about options trading and the stock market then so be it.

Rank #1: OAP 159 : How To Build An Options Portfolio With Just $3,000

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Show notes: http://optionalpha.com/show159

This 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

54mins

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Rank #2: OAP 004 : How To Hack The Options Trading Learning Curve In 3 Months

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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

24mins

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Rank #3: OAP 101 : The Ultimate Guide To Profitably Trading Options Full-Time

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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

35mins

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Rank #4: OAP 090 : The Art & Options Strategy Behind Quick "Earnings Trades"

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Show notes: http://optionalpha.com/show90   We're now in the heart of earnings season for the current quarter and with hundreds of companies set to announce their performance, we're presented as options traders with tons of opportunities to profit from the volatility crush that occurs after an announcement. But these fast (and often violent) moves in the underlying stock in the session following the announcement can often scare and confuse investors trading options.   In today's show, I want to walk through my strategy for filtering and finding good stocks to trades, strategies we like to use and how to set them up, as well as my thoughts on exiting trades shortly after the market open. If you've ever wanted to jump in and make some earnings trades, you'll want to tune in and take lots of notes. Don't forget, we've also got a free course and PDF guide to earnings trades available for members inside our education platform.

Apr 24 2017

48mins

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Rank #5: OAP 135 : You Don't Need A Degree In Financial Engineering To Understand How Implied Volatility Works

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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

45mins

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Rank #6: OAP 138: The "Expected Probability Paradox" For Options Traders

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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

53mins

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Rank #7: OAP 154 : The 17 Most Asked Questions By Option Alpha Members w/ Answers

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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

51mins

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Rank #8: OAP 053 : The 1 Hour Per Month Options Strategy That Beat The S&P 500 by 24%

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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

24mins

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Rank #9: OAP 061 : Interview w/ Cameron Skinner - How He Earns 22% Annually Selling Options Every Day

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Show notes: http://optionalpha.com/show61   I’m just going to come right out and say it - today’s show is going to blow your mind. Not because we are talking about some crazy complicated strategy or options pricing model, but because we’re talking about a dead simple system for selling options every day that generates 22% per year since 2009. And what’s so fascinating for me, the host of the show, is how calm and cool our special guest is talking about his strategy. It’s just so mechanical and systematic it’s almost boring (well not for me but maybe some people might think so).   In today’s show I’ll be interviewing an incredible trader, real estate entrepreneur and patriot. You’ll hear how this former Army Officer who served in Iraq in 2003, subsequently awarded a Bronze Star, used his “options” experience in real estate to start selling covered calls. Eventually he transitioned into selling credit spreads on the major indexes and continues to generate consistent income with an annual average return of 22% per year. So yeah, you should listen to today’s show - and of course forward it to at least 3 other people you think need to hear it right now.

Sep 12 2016

36mins

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Rank #10: OAP 044 : Do You Know Which Options Greeks Are The Most Important?

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Show Notes: http://www.optionalpha.com/show44   Options traders often reference the "Greeks" which include delta, gamma, vega and theta of their underlying positions as a way to measure the sensitivity of an option's price to market movements.

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

28mins

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Rank #11: OAP 038 : Insider's Guide to Options Trading Taxes Part 1

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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

44mins

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Rank #12: OAP 100 : The Profit Matrix - The Game-Changing Report On The Best Option Strategies For Any Market

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Show notes: http://optionalpha.com/show100   Not only is today special because we're releasing our newest research report called The Profit Matrix but also because as soon as this show goes live we'll have crossed more than 1,000,000 downloads on the podcast. Crazy coincidence but it's true and very humbling, so thank you to all of you who have supported and listened over the last couple years. In this special show, we're going to talk in-depth about our new game-changing research report in which we analyzed and compiled results from more than 21 million backtested options strategies. Plus, I'll answer the biggest question that came out of this body of work on how we should (or shouldn't) change the way we trade options in the future.

Jun 16 2017

43mins

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Rank #13: OAP 103 : How to Pick the Right Stock Options Strategy For Wealth Building

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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

31mins

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Rank #14: OAP 003 : Learning How Options Work With Simulated Real Estate Deals

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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

22mins

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Rank #15: OAP 033 : Interview w/ Sarah Potter - Trading Weekly Options With Simple Strategies & Multiple Timeframes

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In this session of The Option Alpha Podcast I had a chance to interview Sarah Potter, Author of How You Can Trade Like A Pro and founder of www.shecantrade.com. This self-taught trader will share her story and why this former futures trader quickly migrated over to options trading because of the better fit with her lifestyle.

You'll hear Sarah's strategy for only trading weekly options on "hot" or "popular" stocks as opposed to monthly contracts. Plus, we will dig deeper into how and why she chooses to use multiple timeframes when trading including the weekly, daily and 60 mins charts. It's a can't miss episode!

Sep 04 2015

41mins

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Rank #16: OAP 060 : Warren Buffett's $5 Billion Dollar Options Trading Strategy That Everyone Ignores

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Show notes: http://optionalpha.com/show60     What if I told you that Warren Buffett, yes that one, is actually just an options trader in disguise? Actually, he’s not disguising anything since his entire strategy and philosophy is all publicly available and linked below. But, that the $5 billion dollar options trading strategy he is using right now has the exact same core methodologies that we use here at Option Alpha, i.e. option selling.   Unfortunately, this strategy and business setup is not commonly talked about in the media. Everyone ignores the 50,000 short put options he sold on KO or the 3-month short puts he sold before acquiring Burlington Northern Santa Fe. They are big trades that tell us a lot about the way he uses options but the media won’t cover those because it’s not “mainstream” enough to reach the masses. Lucky for you, we’re covering it today for you.   In today’s show, I’ll help you understand why his most profitable business, which grew from $41 billion to $88 billion, is the insurance business and how you can apply the same principles to your own investment portfolio. Plus, I’ll walk through his biggest option trade that occurred during the height of the 2008 market collapse in which he sold short put options on 4 major market indexes around the world. If this show is even remotely helpful today, please consider sharing or sending it to just one friend or colleague you think might benefit from listening.

Sep 05 2016

32mins

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Rank #17: OAP 150 : How To Manage Your Money & Generate Wealth The Right Way

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Show notes: http://optionalpha.com/show150

As much as I love options trading and following the financial markets, I enjoy the challenge and process of building wealth. I think about wealth building as a 3-step process in broad terms, possibly in the shape of a pyramid even. And since it's our 150th show, I figured I would take a slightly new angle in today's podcast and discuss what I believe are the most valuable insights I can offer from my own experiences and research on how to manage your money and generate wealth. Plus, we'll use this 3-step or 3-part approach to help frame the conversation as best we can.

Dec 21 2018

30mins

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Rank #18: OAP 127 : What Contract Month & Option Strike Price Should I Buy Or Sell?

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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

24mins

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Rank #19: OAP 007 : Why Implied Volatility Is The Key To Your "Edge" Trading Options

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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

32mins

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Rank #20: OAP 034: The Shocking Truth About Becoming A Consistently Profitable Options Trader

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Being a consistent, profitable options trader doesn't take much.

In fact, I'd even go as far to say it takes very little time and effort on a weekly basis. Yet, we've been told in the media (and through other publications and websites) that you have to have lots of money, trade fast or day trade to make it in this business.

It couldn't be further from the truth.

In today's episode, I want to help show you what it really takes and how you can start to implement simple tweaks to your daily routine to become more consistent and profitable.

Plus, we'll cover a recent trade we made in APC with a 70% chance of success selling options far away from the current stock price.

Sep 09 2015

25mins

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