The Option Alpha Podcast Kirk Du Plessis

Show Notes: https://optionalpha.com/show224

Option spreads are a simple and flexible, yet powerful strategy for traders. And while spread strategies come in many forms, shapes, structures, and durations, some core elements are present in spread trading generally that new traders should pay attention to. On this week's show, we'll once again slow things down a bit and focus on understanding what option spreads are and how to trade spreads in your portfolio.

Show Notes: https://optionalpha.com/show223

What if you could build an automated strategy that navigates all market conditions? And while we know there is no one-size-fits-all strategy, we believe you can design a bot strategy that assesses the market trend and proactively adapts to current conditions. This "trader's dream" finally manifested itself in a bot template that become the collective “brainchild” of the amazing Community of traders right here at Option Alpha! The Hexabot, as it's now lovingly referred to as, was a labor of love, and we are super excited to share it with you. In today’s episode, we introduce you to the Hexabot and share the entire story of it's origin.

Show Notes: https://optionalpha.com/show222

Option strike prices are an absolutely critical concept to master if you're going to seriously trade options at any point in the future. Without a holistic and firm understanding of what strike prices are, how they work, why they are different than break-even prices, you cannot be adequately prepared to safely trade options. And therefore, because we want to help all traders place smarter trades, we've devoted this show to answering your questions around option strike prices.

Show Notes: https://optionalpha.com/show221

Starting to trade a covered call strategy is a popular "bridge" for traditional stock traders or investors transitioning to the world of options trading. It's a logical, bolt-on options strategy that has numerous benefits over traditional long stock positions. Today's show digs in one extra level and explores the different setups and ways to trade synthetic covered calls with a particular focus on using call spreads vs. single-leg short calls.

Show Notes: https://optionalpha.com/show220

In today's show, I'll walk through four clever, dare I say "wicked-smart", ways to leverage our proprietary SmartPricing technology for routing orders intelligently to the markets. If you're already trading with us at Option Alpha then you'll learn some new techniques that will help improve the efficiency of your bots and automations. If you're not trading with bots yet and are still manually entering all your opening and closing orders yourself, waiting for your trade to fill, canceling and replacing the order with a different price if it doesn't fill, waiting again for the trade to fill, and on and on, then you'll love how much time you save when you start using SmartPricing.

Show Notes: https://optionalpha.com/show219

Calculating break even prices for different option strategies isn't as complicated and overwhelming as it might seem. Yes, you do need to perform some basic math functions to find different break even prices but it's certainly not rocket science. Plus, it's an invaluable concept to master because it's critical to your success as a trader. In today's show, I'll help you understand what break even prices are and how to calculate them for all of the most popular option strategies. Yep, that's right, we're going to walk through everything together step by step so you can finally master it once and for all. Let's get started.