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The Option Alpha Podcast

122: The "Big Rocks" That Should Be A Priority For All Options Traders

The Option Alpha Podcast

Kirk Du Plessis

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

4.81.2K Ratings

🗓️ 22 March 2018

⏱️ 33 minutes

🧾️ Download transcript

Summary

Show notes: http://optionalpha.com/show122 As options traders we need to focus on the levers that really move the needle in terms of generating income and cash flow for our portfolio. There's no point in doing something if it doesn't contribute to the overall profitability of the portfolio right? It'd be like shoveling your driveway before a huge snow storm. Or washing your car before it rains. The wrong activity for the sake of being active serves no purpose. Today's show resets the foundati...

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 make

0:06.3

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

0:11.2

income. Now your host and head trader at

0:15.0

option alpha.com Kirk depluses.

0:19.0

Hey everyone this is Kirk here again from option alpha

0:21.0

com working every single week to make this the most popular

0:24.4

podcast offered in iTunes and online because it's based on one thing and one thing only and

0:29.3

that's helping you guys make smarter trades.

0:31.6

So again thanks so much for tuning into today.

0:33.5

On today's episode, we are going to be talking about the big rocks that every trader needs

0:39.0

to focus on or should be a priority if you are trading options.

0:42.6

And the whole concept around big rocks

0:44.6

will kind of explain here and why we talk about big rocks

0:47.1

versus maybe say small rocks.

0:48.6

But I think it's an interesting analogy

0:50.1

if you haven't heard it before.

0:51.2

I'm assuming many of you have, but it's a good reminder as to why we need to focus on some of these big rocks and trading.

0:57.0

Before I get into that, I still have a lot of people who don't know that we do have another podcast that we are running simultaneously with this weekly

1:06.0

podcast which you're listening to right now, which is our daily podcast and it's a much shorter

1:11.1

form podcast, maybe five or six six minutes I guess some of the

1:14.8

episodes I think go as long as 10 minutes so much shorter form podcasts and a

1:19.3

kind of audio episode experience called The Daily Call.

...

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