64: Trading Options Full Time: $0 - $100K Annually with Kirk Du Plessis
Invest Like a Boss
Sam Marks Johnny FD Derek Spartz
4.8 • 518 Ratings
🗓️ 27 July 2017
⏱️ 64 minutes
🧾️ Download transcript
Summary
Kirk Du Plessis is the founder of Option Alpha, an online education and coaching platform for investors interested in learning more about the financial markets and derivative options. Kirk is responsible for everything from maintaining the business model, revenue strategies, marketing, strategic partnerships with brokers, writing, design, and website development.
During the show, Kirk will cover options strategies, risk management, trading psychology, option pricing and portfolio allocation. You'll learn how other make this a full-time income including ways to optimize the process. Listen to the end to hear the best trading platforms plus Kirk personal investments.
Links:
LinkedIn
Optionalpha.com
Optionalpha.com/toolbox (Software)
Where we are:
Sam - Asia
Johnny FD - Ukraine
Kirk - East Coast USA
Discussed:
ILAB 57 – MJ DeMarco – What the Unscripted & Millionaire Fastlane Author Himself Invests In
ILAB 54 – How Anyone Can Retire in 10 Years or Less, with Todd Tresidder
Books:
Start Here – Recommended readings
Time Stamps:
04:35 - Brief background
09:26 - Trading and running OptionAlpha
12:40 - Risks in Forex and options
15:01 - Common options
17:27 - Being a full-time investor
20:54 - Selling option contracts
24:22 - Leveraging methods
30:19 - Generating 6k per month
37:31 - Optimizing through software
42:52 - Win rate preference when trading
47:38 - Best trading platforms
49:51 - Kirk personal investments
56:47 - Buying index funds of VTI
If you enjoyed this episode, do us a favor and share it! Also if you haven’t’ already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!
Copyright 2017. All rights reserved. Read our disclaimer here.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Opened up my e-trade account to start trading options, but I haven't gotten approved yet. Cancel that account. Get a better broker. Big, big thanks to FreshBooks, the super easy to use cloud accounting software. FreshBooks is offering a 30-day unrestricted free to our listeners. To claim it, just go to FreshBooks.com slash invest and enter Invest like a Boss in the How Did You Hear About this section? |
| 0:24.4 | Welcome to the Invest like a Boss podcast. I'm Sam Martz. |
| 0:28.2 | And I'm Johnny FD. We're self-made entrepreneurs who invest our own money and use modern technology to invest like a boss. Join us each week for exclusive interviews with our network |
| 0:32.3 | of modern investors, business owners, and multimillionaires to discover new ways to invest our |
| 0:36.6 | hard-earned cash. |
| 0:43.9 | Hey, guys, is Johnny, and welcome to episode 64 of the Investing a Boss podcast. I'm here, Sam Marks. |
| 0:50.6 | Johnny, hey, guys. Welcome back. And another new week, another new episode and another new topic, |
| 0:59.3 | Johnny. Yeah, I did not think I would be diving deep into options any time ever in my life. |
| 1:05.0 | I think I've always heard the terms, but I always assumed it was something that people did on Wall Street. |
| 1:09.0 | And it wasn't really something that a sit-at-home investor would ever look into. |
| 1:12.4 | Yeah, derivatives, options, all these new terms, |
| 1:16.6 | things that we always thought were too complex. And I don't think I ever would have been interested in it until we had on MJ DeMarco, who turned us on to a few new things, actually. |
| 1:22.2 | And one of the things that he said he was doing now that he's super wealthy, more or less |
| 1:27.1 | retired, but, you know, has a nice lifestyle still active, is that he was doing now that he's super wealthy more or less retired but you know has a nice |
| 1:29.2 | lifestyle still active is that he was trading options specifically he was selling options i |
| 1:34.7 | believe he was selling puts uh so that got us super interested in and we looked for the very |
| 1:40.4 | best person we could find in the option space. And that was the head trader and founder |
| 1:46.0 | of Option Alpha. Yeah. So if you guys haven't heard that episode, it was episode 57 with MJD. Marco. |
| 1:52.2 | And I was also surprised when you asked him what he's investing in nowadays and he mentioned |
| 1:56.2 | options. So I'm excited to learn more and kind of really just dive in deep on what option training is and also how you can use it to create yourself a stream of income. |
| 2:06.8 | Because I think that sounds really exciting to me. |
| 2:08.7 | Yeah. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Sam Marks Johnny FD Derek Spartz, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Sam Marks Johnny FD Derek Spartz and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.