Show notes: https://optionalpha.com/show208The decades long evolution and growth in easily accessible brokerage platforms have created a self-reinforcing cycle of low attention span investors that are also now pulling even the deepest and most steadfast investors down the rabbit hole. Plus, the rise and popularity of meme stock investing certainly has pulled investor attention spans away from traditional analysis and reprogramed us constantly look for the next big move. On today's show we'll explore why the speed and magnitude of stock movements causes us to fall victim to classic investor biases precisely when we need to elevate ourselves above the noise and argue that “deep work” is more important than ever for traders.
Show notes: https://optionalpha.com/show207Earlier this year we officially rolled out a massive free resource for traders with our launch of The Option Alpha Handbook. No more wasting time searching endlessly across dozens of unreliable sources cluttered with ads to get answers to all your burning questions about strategies, markets, options, and so much more. We built this just for you and our goal is to make it the ultimate reference guide for traders seeking clear, non-subjective answers to thousands of investing questions. Consider this your new "go-to" digital encyclopedia for everything trading you've been looking for but never found until now.
Show notes: https://optionalpha.com/show206On this week's episode, I wanted to try something new and explore just a single bot template in detail together - a full and complete deep dive into the origin, strategy, automations, and decisions for one bot template. For this maiden voyage I chose the Trendy Short Put Spread bot which I believe is a great starting point for the potential series of "Bot Talks" in the future. Inside the show, we'll talk about everything from the backtesting we did leading up to outlining the automations to the tweaks and modifications we've made along the way as we've watched it perform through multiple expiration periods.
1 hr 26 min
Show notes: https://optionalpha.com/show205Often the terms hedging and diversifying are used interchangeably by traders. You might hear someone say, "You need to hedge your positions..." or, "You need to diversify your portfolio..." and in either case we understand the overarching goal as broadly the same objective; reduce risk inside a portfolio. However, the means by which you might accomplish this and the manner in which you get there via either hedging or diversifying, or a combination of both, are very different and require a better understanding of each. This week on the podcast we'll unpack these two juggernaut concepts.
Show notes: https://optionalpha.com/show204Ever wish you could intelligently use automated technology that tracked and or trailed option trades for specific exit criteria without having to watch, edit, and replace orders day after day? Not some boring, outdated Good-Til-Cancelled order or generic, static Stop-Loss order either. Well our team granted this #1 wish from our beta users months ago and in week's show we're going to walk though one of the coolest new features developed for traders in a long time. We call it SmartStops.
Show notes: https://optionalpha.com/show203Futures trading is on the rise and continues to grow in popularity. The trouble has been however that for most traders getting started in futures they find it overly complex and hard to manage. Though more capital-efficient than stocks, futures contracts come with a slew of complex sizes and specifications that turn many traders away from them. Thankfully this week's guest is on a mission to help make futures markets more accessible with small, standard, and simple futures contracts.
Show notes: https://optionalpha.com/show202Decision recipes use easy to read natural language to help you setup detailed instructions for your automations to follow inside a bot. These decision recipes can also be grouped and linked together into infinite combinations so you have as much flexibility and control as possible. The last few months we've seen thousands of automations created inside the new Option Alpha platform and today I wanted to highlight eight of the more popular decision recipes being used right now.
Show notes: https://optionalpha.com/show201This week on the podcast we finally release our much anticipated interview with Jason Goepfert of SentimenTrader.com. Inside Jason and I dive deep on investor psychology, market sentiment analysis, and discuss the concept of adjusting and managing risk exposure using sentiment as opposed to market timing. You don't want to miss this very timely and important conversation.
Show notes: https://optionalpha.com/show200Well today we celebrate the 200th episode of the Option Alpha Podcast. First of all, I would like to thank everyone who has made the show possible, and most importantly, you the listener who has supported us in this journey to get to 200 episodes. It's pretty incredible that we got to this stage with this podcast. I hope that you really enjoy all of the upcoming shows that we have scheduled. Here's to another 200 more episodes on this podcast in the coming years.Today, we're going to do a deep dive and case study on the volatility of bid-ask spreads. To help with this conversation. We invited back on for an encore, our Chief Market Strategist Ryan Hysmith, who's going to be diving deep into some research that we did recently on bid-ask spreads. You're not going to want to miss this, because if you think you understand bid-ask spreads and the volatility around them, you might have a different perspective after listening to today's episode.Again, thank you so much for supporting the podcast and doing everything you can to get us where we are here. We couldn't be here without you. As always, we really appreciate it. We're working hard to make this the best podcast for you all, our traders in the community moving forward.
Show notes: https://optionalpha.com/show199As automated trading starts going mainstream for retail traders, we wanted to ensure that expectations are set properly. Particularly, this includes discussing why we believe that automated trading does not mean unattended trading. To help guide and frame this conversation I invited our Chief Market Strategist, Ryan Hysmith, back on the show with me. Inside we'll talk about the future of automated trading, if automated trading provides an edge, and what some of the possible downsides to automated trading might be that you'll have to consider carefully.