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

and one thing only and that's helping you make smarter trades. So thanks so much again for

tuning in today. Got a really cool episode kind of going back to basics here a

little bit talking about option Greeks and if you're new to trading or even if you've

been an experienced trader before this is going to be a really

cool episode for you to learn a little bit more in-depth about how the Greeks work and mainly

which one should we really be focusing on as traders because I think some of them are important to

know, some of them are important to understand, but you don't really need to focus on some of these

Greeks as much as some of the other ones.

So let's jump right into it and get started here and just talking about these Greeks.

Now the first thing you have to understand is that obviously trying to predict the price of a single option

or even a position involving multiple options can actually be pretty difficult in the market.

And what some people do is they get confused because you'll often see maybe the value of a stock rise

or the value of the stock fall.

And if you have a certain option on either side of the market,

you assume that just because that stock rises that you should make money or lose money, or whatever

...