You're listening to the Option Alpha Podcast from Option Alpha.com where we show you how to make

smarter trades learn how the stock market really works and generate consistent monthly

income. Now your host and head trader at

option alpha.com Kirk depluses.

Hey everyone this Kirkier again from option alpha.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 guys make smarter trades.

So again, thank you so much for tuning into today's show. On today's show, we're going to be talking about why you can say goodbye to unlimited risk option strategies forever.

And it's actually a very simple concept, and I want to take a step back today on the

podcast and kind of go over a very basic understanding of why we can convert

anything from from unlimited risk to defined risk strategy.

So this is more of a beginner type episode or more of, I guess,

beginner and intermediate type episode.

But I think you guys will really enjoy it because we'll go for a couple little

key studies here using IWM, which is one of the major market

EDFs but first I want to dispel this huge myth that's out there about unlimited

risk strategies and really it gets a bad rap in the market so because it gets a bad

rap in the market because of the name unlimited risk that gets labeled on it.

We obviously know that if we define our own risk via position size

and using margin calculations, which brokers do for you, but when you get into a trade, you know

how much exposure if you're going to trade something naked on one

side or the other side you know either side basically a naked put and they could call a

straddle a strangle those are unlimited airfingers quotes unlimited risk

...