How to Be a Successful Option Trader

In this session of The Option Alpha Podcast we talk with long-time trader Kim Klaiman from SteadyOptions.com. As you'll hear in this interview, Kim's goal is to trade trade variety of non-directional trades with low correlations.

One topic that we dive into a little deeper is the strategy of buying straddles pre-earnings to profit from the rise in implied volatility. And while I personally prefer to trade the IV crush you'll hear Kim's take on how his backtesting research has found some likely candidates where IV does consistently rally ahead of earnings.