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 is Kirk here again from option alpha.com working every single week to make this the most popular

Investing Podcast offered online and in iTunes because it's based on one thing and one thing only and that's helping you guys make smarter trades. So thank you so much again

for tuning in today on today show. We are going to be covering a very interesting back testing

case study using weekly options.

Yes, yes, yes, everyone's so excited about weekly options.

People are loving weekly options, but my concern with weekly options is that people are not

using them the right way.

And so what we're going to start doing is doing more of these back testing case studies here

on the podcast for you guys.

And I hope you guys enjoy these.

And if you do, please share with your friends and your family and coworkers.

Everybody you think that might be interested in this or gain a little

bit of value out of it.

So like I said, today's show is focused on a bull call spread in back testing for DIA, which is the major Dow component EDF basically.

So it's the EDF that tracks all the Dow Jones components, very highly liquid.

Everyone trades it. It's a very easy instrument to get in and out of and

where this kind of came out of it was a conversation online that I was having with

a member and they said well why don't we just start you know because the markets are

...