11: Picking The Best Option Strategy Is A Process Of Elimination NOT Selection

The Option Alpha Podcast

Kirk Du Plessis

Investing, Trading, Stock Market, Business, Options Trading, Education, Finance

4.8 • 1.2K Ratings

🗓️ 2 December 2014

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this session of The Option Alpha Podcast we are going to help you finally create an easy to use 3-step system for picking the best option strategy. Unlike most traders who try to fit their favorite strategy into every market situation, you'll find out why after asking just 2 simple questions we can eliminate the possible universe of options strategies by 80% to the best possible traders for that specific situation. Remember that in this game, strategy trumps direction every time.

Transcript

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0:00.0	You're listening to the Option Alpha Podcast from Option Alpha.com where we show you how to
0:06.2	make smarter trades learn how the stock market really works and generate consistent
0:10.8	monthly income. Now your your host, and head trader at option alpha.com, Kirk depluses.
0:18.0	Hey everyone, this is Kirk here again at option alpha.com, working every single week to make this the most
0:24.3	popular podcast offered online because it's always based on one thing and one
0:29.1	thing only and that's helping you make smarter trades so thanks for for tuning in today. We've got an awesome
0:35.1	show for you guys and the only thing I can say right now is thank you. We're
0:39.4	through our first 10 episodes on this podcast which is just crazy to believe in and
0:45.6	honestly I should have started a long time ago she'll listen to my wife a long
0:49.3	time ago right but that's that's what a lot of men can say anyway. But we've had a phenomenal amount of
0:55.6	feedback. We've had thousands and thousands of downloads and
0:59.2	subscribers on iTunes and SoundCloud and it's been awesome and the reviews have been awesome but again if you haven't
1:05.9	had a chance to review this podcast and you're started to listen and you've just listened
1:10.2	to either this episode or a couple please go over there and throw a review in iTunes.
1:14.7	It would really help us for our rankings and definitely help other readers or listeners who
1:20.6	are out there who might not know about us.
1:23.0	And of course, as of tonight doing this podcast, we're still the number one new and noteworthy
1:29.0	podcast in the investing section, which is just awesome.
1:32.5	So again, thank you guys so much.
1:34.4	So tonight we've got a really, really great show for you guys and it's all about strategy selection.
1:41.0	And I wanted to follow up with this podcast after show number 10, which was about using that
1:46.0	checklist that we had gone through with the top seven things that you need to be checking
	...

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