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

Hey everyone. This is Kirk here again from Option Alpha. Welcome back to the daily call. Today, we’re going to be answering the question, “Do you want proof that Warren Buffett is an options trader?” I’ve often talked about at nausea, the fact that Warren Buffett, one of the biggest all-time investors is actually in secret, a very big options trader. In fact, he sells a lot of single option put leg contracts on equity indexes, etcetera. And what he states in a lot of his writings is that the implied volatility edge that’s present in option selling is very much the same as his insurance businesses that he owns. And so, I challenge people all the time to look this up yourself. I’m going to walk through today where you can actually find this information. It's very easy to get to. Not a lot of people actually do it which is what actually baffles me all the time, is they challenge me on this, but then they don't actually look it up, so I’m going to show you guys how you can get to it very easily here today on the