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 at 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 make smarter trades.

So again, thanks so much for tuning in today and on today's show we've got a very cool episode.

I am really excited about doing this one because it really kind of is going to help me with like a lot of emails that I get because

I'm going to use this episode as maybe a reference to an email or a question that people submit.

So if you came to the show, listen to the show via email for me because I said hey go listen to

this podcast this is the reason why I think this is really going to help out and

mainly what we're talking about in today's show are the two major misconceptions that people have about exiting option

trades early because what we preach here at option alpha is that you should be

actively trying to close out profitable positions early.

And just as a side note, I want to make this comment to be 100% clear.

We've been talking about doing this for years, years,

before everyone else was talking about doing it, before the tasty trades and the

option pits and the SJ options, we have been talking about doing this before a lot of those companies even registered their domain names.

Now, did a lot of back testing that we've started doing, bring a lot of context around how we manage early and what price levels and what probability or what percentages of course that

always comes with more data more testing more ability more software but we've been

talking about this concept for years and years so it's nothing new to us and it's nothing new that

...