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The Option Alpha Podcast

143: What's The Rationale Behind Entering New Option Trades?

The Option Alpha Podcast

Kirk Du Plessis

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

4.81.2K Ratings

🗓️ 21 September 2018

⏱️ 31 minutes

🧾️ Download transcript

Summary

Show notes: http://optionalpha.com/show143 Choosing which ticker symbols and option strategies to use when entering new option trades can sometimes seem overwhelming. In fact, many of our pro and elite members continually ask about the rationale behind why we choose one ticker symbol over another or use one strategy over another when building our portfolio. Today's podcast will help you understand the four-step process we use for evaluating how we choose ticker symbols and strategies when cre...

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.

0:20.0

Hey everyone this 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.

0:32.3

So again, thank you so much for tuning in today. only and that's helping you guys make smarter trades.

0:32.7

So again, thank you so much for tuning in today.

0:34.9

On today's show, we are going to be talking about the rationale behind entering new trades and

0:40.3

specifically trying to answer these questions that I typically get from pro and

0:44.8

elite members around this idea of how we pick trades, how we go over and choose different ticker

0:51.2

symbols.

0:52.2

And so I wanted to spend today's show kind of

0:54.7

walking through this process with a lot of you guys right now on the podcast to help you

0:59.3

out. So again the purpose of this is really or the the driver of this podcast has been questions that I get,

1:05.7

which are along the lines of, you know, it seems that you covered new tickers, but you don't

1:10.3

say why you choose them, or it seems that you are trading this ticker, but you don't say why you choose them or it seems that you are trading this ticker but you don't say

1:14.4

why you're trading that ticker and why not this other ticker and so it seems like there's a lot of

1:19.5

things that I'm leaving behind the scenes when I'm actually not and so I want to try to open up

1:25.1

the gates here and kind of show you guys my thought process for new trades and how I

1:30.5

choose positions strategies strategies, etc.

1:33.4

So there's a lot that might go into this,

1:35.4

but it's honestly not that complicated.

...

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