<p>Show notes: <a href='http://optionalpha.com/show109'>http://optionalpha.com/show109</a></p><p>Unlimited risk option strategies get a bad rap in the investing community among newbie traders. And while our backtesting research has shown that unlimited risk positions like short straddles and short strangles generate the best overall returns, you might be restricted in trading them because of your account type or just fear the big potential drawdowns. In either case, on today&apos;s podcast I want to conceptually walk through how you could covert these strategies into their risk-defined counterparts and limit your exposure. As always, there&apos;s no free lunch in the market so if you limit your risk you have to give up something else and we&apos;ll discuss the trade-offs on the show together.</p>

110: Become A Better Options Trader By NOT Watching The Market

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.