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The Option Alpha Podcast

Latest episodes

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Oct 9, 2020 • 46min

193: An Automated Way To Start VIX Hedging

Show notes: http://optionalpha.com/show193One of the beautiful things about shifting to fully automated trading on the new Option Alpha platform is the ability to finally be able to clone and replicate entire trading strategies using bot templates. Bot templates allow anyone to build a trading strategy and seamlessly share the structure and details of that strategy with one-click. Today, I want to walk through just one type of strategy that I think is the tip of the iceberg when it comes to situational trading and hedging bots. I have no doubt that this discussion will spark some creative ideas, allow you to dream of what's possible, and show you that the future of trading is incredibly bright once you adopt autotrading.
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Oct 6, 2020 • 50min

192: Deep Dive Into Options Assignment & Exercising

Show notes: http://optionalpha.com/show192Back on Show 187 we tackled the top 15 questions we consistently get around options expiration. Today, we're taking a slightly different approach and addressing head-on the 18 biggest questions and concerns traders have around options assignment and exercising, whether on or before expiration itself. Regardless of your trading experience level, seasoned investor, or complete options newbie, I promise you that today's episode will help you more clearly understand and navigate any future options assignment or option exercise situation you might find yourself in. After all, this is part of the business and if you trade long enough you'll have to manage through this, dozens of times.
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Sep 29, 2020 • 60min

191: The 13 Investor Biases That Ruin Your Performance

Show notes: http://optionalpha.com/show191We're all subject to investment biases, often multiple biases working together at the same time trying subconsciously to derail us. And whether we offload the actual order execution and management to an autotrading platform or not, the human element or side of investing still impacts the decisions we make and the strategies we choose to execute or not. Until we take the time to label and recognize these major investor biases, we cannot overcome or manage them in the future. Therefore, today's podcast is geared specifically at exposing these classic and detrimental investor biases that ruin your performance. You're either going to learn how to manage and deal with them or be unknowingly controlled by them for the rest of your life.
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Sep 15, 2020 • 41min

190: A Zillion Ways You Can Save Money To Invest

Show notes: http://optionalpha.com/show190One of the most impactful things you can do for your portfolio is add money or capital to it. A consistent and persistent schedule of funding your account, even with small amounts, gives you the added boost that compounds over time. But we all know this already don't we? So why don't we do it, or at least at a higher level than we do now? On today's show, I'm going to help you break down the zillion ways you can save money to invest into core concepts that I have used in my own life to save money at an incredible pace. I'm a firm believer that these "big ideas" around saving money will help free up some cash for you.
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Sep 6, 2020 • 1h 5min

189: We're Launching The 1st Automated Trading Platform for Options

NEW Beta Site is Live: https://beta.optionalpha.comToday’s show is a massive announcement – we are officially announcing that we have our launch dates set for our new auto-trading platform. Today on the show, we’re going to answer some common questions that we've been getting around the new platform and we're also going to start going through some of the features that you are going to love about it.We have all the information you need right now about the platform and how to use its new features on https://beta.optionalpha.com.
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Aug 10, 2020 • 1h 18min

188: Options Trading Taxes For All Traders

Show notes: http://optionalpha.com/show188Ah, taxes, a dreaded but necessary part of investing and trading. And although you might be inclined to skip this week's show, I'd encourage you to dive in because, even for me personally, this discussion helped clarify and re-solidify concepts that were mildly opaque. After all, tax concepts and terminology can get complicated fast and our goal is to help educate and explain things so that it's useful to you moving forward. Plus, I brought in a special guest to help chat through the different sections and I know you're going to love this week's episode on taxes for options trading.
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Aug 3, 2020 • 34min

187: 15 Options Expiration Questions Answered

Show notes: http://optionalpha.com/show187We get a lot of questions around options expiration - hundreds and hundreds each week. Yet, the same vital few seem to float to the top consistently so we're pulling these 15 questions into this week's podcast episode to help you understand and effectively navigate options expiration. And in the off chance, we didn't answer your question during the show, you can always reach out to us anytime for help and support. If you're going to trade options, you can't avoid going through expiration. So, if you're going to trade options, you can't miss this week's podcast.
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Jul 27, 2020 • 30min

186: Vacation Checklist for Option Traders

Show notes: http://optionalpha.com/show186Summer vacations are in full swing and as everyone rushes to their favorite social distancing hot spot, traders are often left wondering what to do with their positions and trades while away. And since we cannot build automated and trigger-based strategies yet, though it's coming soon from Option Alpha, we wanted to help with a simple but effective checklist you can use to square up your account before going off the grid. Make no mistake though, this checklist isn't just for when you go on vacation, it's also a great workflow to help you before a long business trip or busy week at home when you have limited time to manage your account.
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Jul 20, 2020 • 51min

185: How To Execute And Fill Options Trades

Show notes: http://optionalpha.com/show185Filling option trades can often feel like pulling teeth. While some trades and orders get through easily and without issue, others are incredibly stubborn and hard to get filled. To add to your frustration, the entire order execution process appears to be just another confusing black box. There's seemingly no rhyme or reason why this trade got filled but that one didn't? So this week's show is dedicated to shining a light on order filling for option trades and helping to demystify what is otherwise a simple market process.
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Jul 13, 2020 • 51min

184: Adjustments Followed By Assignment [FXI Case Study]

Show notes: http://optionalpha.com/show184Adjusting trades that move against you can be hard enough. Choosing how to adjust and when to pull the trigger complicates what otherwise was a simple trade to start with. Now, throw in an early assignment to the mix and you've got quite the convoluted option trade on your hands. Sounds daunting already doesn't it? But fear not. Complicated and complex trades like the one that happened to us in FXI the other month give you a great opportunity to learn and grow as a trader. On today's show, we'll walk through the entire FXI position from start to finish, including all the profit and loss calculations including adjustments and an early assignment. Lean into this show and don't skip it - your future self with thank you for taking the time now so that you don't have to freak out later when it happens to you.

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