The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, I want to talk about why I’ve been lately referring to myself as a volatility spread trader because I do think that option sellers are volatility spread traders and this actually comes about because I’ve said this time and time again, but I have a really, really tough time trying to explain to people what I do when they ask. I’m not a teacher. I don’t work for the government. I’m not a police officer, right? It’s very easy for people to usually explain what they do to people, but when people ask me around town or if I’m in some social setting and people ask me what I do, it’s very hard for me to explain what I do. I just trade options. But lately, I’ve kind of thrown them through a loop and I talk about being a volatility spread trader and I thought this was interesting because I was trying to explain to somebody the other day outside of a wedding what we try to do at Option Alpha, like what is our edge, what ar