127: What Contract Month & Option Strike Price Should I Buy Or Sell?
The Option Alpha Podcast
Kirk Du Plessis
4.8 • 1.2K Ratings
🗓️ 23 April 2018
⏱️ 24 minutes
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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 option alpha.com, Kirk depluses. |
| 0:17.0 | Hey everyone, this Kirkier again at option offer |
| 0:22.6 | com working every single day to make this the most popular |
| 0:26.0 | investing podcast offered online and in iTunes because it's based on one thing |
| 0:30.4 | and one thing only and that's helping you guys make smarter trades. |
| 0:33.7 | So again thank you guys so much for tuning in today. |
| 0:36.2 | Today on this show we want to talk about how we can help answer the question what contract |
| 0:42.3 | month and option strike price should I buy or sell and |
| 0:46.4 | this is a huge question in fact if you're listening this you probably have this question |
| 0:50.7 | yourself and you're thinking yourself well Kirk okay great there should be one |
| 0:54.0 | single like consistent framework to say this is the contracts you should always do and these |
| 0:59.3 | are the strike prices you should always do but the simple answer to that is no, unfortunately, there is not |
| 1:05.3 | one unicorn option strategy out there. |
| 1:07.9 | And so actually I'm going to take a step back and say this, I am begging the entire option |
| 1:12.1 | alpha community. In fact, the entire option alpha community in fact the entire options trading community |
| 1:15.6 | to stop looking for the unicorn strategy there is no one single always the same consistent framework that works across all time periods |
| 1:26.0 | and all implied volatility levels it does not exist why is everyone continuing to look for this |
| 1:31.7 | the biggest takeaway that we had from when we |
| 1:34.4 | did our profit matrix research, which you can go back to show I believe 100 where |
| 1:38.0 | we talked about that a little bit more, was that there is no consistent strategy that works in all time periods and all strike prices |
... |
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