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 your host, and head trader at option alpha.com, Kirk depluses.

Hey everyone, this is Kirk here again at option alpha.com working every single week to make this the most popular

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

and one thing only and that's helping you make smarter trade. So again, thanks so much for tuning in today.

Got a really cool episode today where we're going to be talking about the bid-ass spread and

slippage when it comes to trading options and even stocks.

Now, I know what you're probably thinking on the outside, right?

So, you know, this is probably a little bit more in-depth podcast,

or if you're a new trader, you're probably thinking, you know,

why do I need to learn about slippage?

What is it really gonna help me do as a trader and why is slippage and bid-ass spread important?

And for most people when they get into this, they don't actually get to the point of understanding bit ass spread until later on in the cycle,

right?

They want to learn about the strategies and how they can make money, but I'm here to tell you

that slippage is this kind of troll that you don't know is there. It's this

unfelt or unseen loss in your account or your trade that you never really feel or

see. Like commissions you see and feel, right? Every single time you get into a

trade you can see the price that you're being charged for that trade. How much

your broker is charging you in commission to get in or out? So it's a felt cost, but slippage and a bid-ass

spread on the other hand is not a felt cost, meaning you don't see that cost or that loss show

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