17: The Worst Advice We've Ever Heard About Debit Spreads
The Option Alpha Podcast
Kirk Du Plessis
4.8 • 1.2K Ratings
🗓️ 28 January 2015
⏱️ 20 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 |
| 0:06.2 | make smarter trades learn how the stock market really works and generate consistent |
| 0:10.8 | monthly income. Now your host and head trader at |
| 0:15.0 | option alpha.com Kirk depluses. |
| 0:18.0 | Hey everyone this is Kirk here again from option alpha.com |
| 0:22.0 | working every single week to make this the most popular |
| 0:25.1 | podcast offered online and in iTunes because it's based on one thing and one thing only and |
| 0:31.4 | that's helping you make smarter trades. |
| 0:33.7 | So thanks so much for tuning in today and today we're going to talk about the worst advice |
| 0:38.6 | that we have literally ever heard when it comes to debit spreads. |
| 0:42.8 | And first I just even want to say sorry, because sorry that this industry is still so |
| 0:47.9 | screwed up with so many people out there who have no freaking clue what they're doing with option strading and yet they're |
| 0:55.7 | still out there promoting a bunch of this garbage and crap and trades that are just way too |
| 1:01.6 | ridiculous for people to be making and in today's show |
| 1:04.9 | we're going to go through one of them on a very big name company a company that |
| 1:09.0 | that I won't say the name of but you can bet that this company has got a lot of backing. |
| 1:15.2 | In fact, I've checked and seen that this company is backed by millions of dollars. |
| 1:19.4 | And yet, you'll see, I'll kind of break it down, just every single part of the trade alert that |
| 1:24.6 | they had sent out to their people and kind of in recommending this trade as |
| 1:29.6 | to why this is such a bad investment. So we're gonna go through that here in a little bit and we'll get started in that, but we're also |
| 1:35.8 | going to look at three things when it comes to what you should look for with regard to debit |
| 1:40.7 | spreads. |
... |
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