233 episodes

At Option Alpha we are devoted to empowering traders with simple, powerful tools supported by world-class research and education. For far too long the options industry has been fragmented, lagging, and unnecessarily complex. By developing industry-first automation technology, enhancing data and information accessibility, and nurturing our thriving community at every level, Option Alpha is changing the way people trade options forever. We’re more than just a software company; we’re leading a movement of traders at every level who are unlocking more freedom through improved and expanded options.

The Option Alpha Podcast Kirk Du Plessis

    • Business
    • 4.8 • 1.1K Ratings

At Option Alpha we are devoted to empowering traders with simple, powerful tools supported by world-class research and education. For far too long the options industry has been fragmented, lagging, and unnecessarily complex. By developing industry-first automation technology, enhancing data and information accessibility, and nurturing our thriving community at every level, Option Alpha is changing the way people trade options forever. We’re more than just a software company; we’re leading a movement of traders at every level who are unlocking more freedom through improved and expanded options.

    232: Tips and Tricks for Navigating Options Expiration

    232: Tips and Tricks for Navigating Options Expiration

    Show Notes: https://optionalpha.com/show232

    Navigating options expiration is a critical skill for traders, especially with the rise of daily expirations.
    This week’s podcast explores the top 7 automated tips and tricks you can use inside Option Alpha to set up your portfolio for better options expiration management.
    See all 7 tips here
    Adjust exit options as you near expirationCheck the extrinsic value of your positions/legsCheck the probability of short legs being ITMDon’t use market orders, use defined limit ordersTag positions for their state so you can analyze performance laterSetup alerts for low liquidity exit conditionsSetup ‘critical’ alerts for positions between strikes of a spread

    • 38 min
    231: The 10 New Trading Psychology Challenges Emerging from Autotrading

    231: The 10 New Trading Psychology Challenges Emerging from Autotrading

    Show Notes: https://optionalpha.com/show231

    This week we explore the latest and most pressing challenges emerging for investors who have embraced autotrading.

    As automation revolutionizes the financial markets, traders find themselves navigating uncharted psychological territory. From trusting bots and algorithms, coping with reduced decision-making control, and the novel complexities of autotrading that demand a new style of adaptation and resilience.

    With help from our team, I’ll peel back the proverbial onion on the evolving mindset of options traders and shed some light on these new psychological challenges popping up.

    See the full list here
    Obsessive-Compulsive Overriding (OCO)Strategy StraitjacketingCurrent Events FallacySweeping Conclusion AnxietyShiny Object Syndrome FreezeBot ScapegoatingFeature CreepEmotional HedgingVersion Control DisorderIdentity Panic Disorder

    • 47 min
    230: An Evolutionary Perspective on Why Autotrading Will Dominate

    230: An Evolutionary Perspective on Why Autotrading Will Dominate

    Show Notes: https://optionalpha.com/show230

    This week I explore a deep and philosophical viewpoint into the world of automated trading and its inevitable rise for investors. I explore the evolutionary nature of human decision-making and its limitations in complex financial markets by examining cognitive biases and their impact on manual trading.

    I’ll also discuss the technological advancements driving this shift, risk management in autotrading, and the future trends and challenges in this rapidly evolving landscape. Get ready for a fresh perspective on the future of investing and why autotrading is poised to dominate.

    These are my 9 key takeaways

    • 1 hr 2 min
    229: 15 Options Trading Questions from ChatGPT

    229: 15 Options Trading Questions from ChatGPT

    AI is the hot new buzzword these days, sparked by the release of ChatGPT a few months ago. Since then, it seems everyone has used OpenAI’s software in fascinating (and sometimes scary) ways.

    So, I jumped into ChatGPT and asked it to come up with the top questions that new and advanced traders ask about options trading.  This week's podcast explores the 15 questions - and answers - that options trades want to know.

    See all 15 answers here
    What are options and how do they work?How much money do I need to get started in options trading?How do I select the best options trading strategy?What are the key components of an options contract?What is the difference between a call option and a put option?What is the difference between buying and selling an option?How do I determine the strike price for an options contract?What is implied volatility and how does it impact options trading?What are the risks involved in options trading?What are the different options trading strategies I can use?How do I calculate profit and loss for an options trade?How do I manage risk in my options trading portfolio?Should I use technical analysis to inform my options trading decisions?Can you use charts and graphs to trades options?What are some common mistakes to avoid when trading options?

    • 1 hr 52 min
    228: Price Recovery Analysis - How Long Does It Take To Get Back To Even?

    228: Price Recovery Analysis - How Long Does It Take To Get Back To Even?

    How long does it take a stock to get back to even after a large daily move down? And does the magnitude impact how long it takes the position to recover the loss?

    We’ve all been in losing trades and wondered if we should hang on to the position for a little longer or cut it loose. So, to help answer the question, we studied the short-term performance of stocks and ETFs after different daily loss totals.

    The study analyzed 324 assets over a 20-year period. We calculated the 5-day returns following single-day losses up to 5%.

    See the full research report here.

    • 34 min
    227: What 20-Years of Moving Average Data Teaches Us About Stock Reversals & Momentum

    227: What 20-Years of Moving Average Data Teaches Us About Stock Reversals & Momentum

    Stocks have been described as a rubber band, and we often assume they will snap back and revert when prices become overextended.

    So, we wanted to know: How likely is a security to continue or reverse its momentum above and below major moving averages in short, medium, and long-term timeframes? And does the security’s proximity to a moving average impact its performance?

    We researched 20 years of data on 286 symbols, using short, mid, and long-term trends to analyze the ticker’s 30-day return relative to its simple moving averages.

    I'll be honest, the results surprised me.

    Click here to see the full research report.

    • 33 min

Customer Reviews

4.8 out of 5
1.1K Ratings

1.1K Ratings

KHCobb ,

Optimistic about options!

I've been wanting to learn about options and how to even begin. Took a chance on a long work drive today and listened to the first 5 episodes, and just downloaded the handbook. I'm so thankful you have shared your knowledge and these resources! Thank you for making this accessible to the beginning trader.

ToddLB ,

Great Resource and Tool

This is a great site and podcast to get started in options trading. Lots of free educational material. The automation and back testing software are fantastic!

Nomad917 ,

Amazing Podcast

The information that Kirk provides via this podcast and his website are invaluable. Thanks for loving what you do and sharing it with the rest of us!

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