The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online
#303 - The Top 5 Things I Love About Options Trading
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:05:41
- More information
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Synopsis
Hey everyone. This is Kirk here again at Option Alpha and welcome back to the daily call. Today, I’m going to share my top five things I love about options trading. This was actually hard for me to whittle down into five things, but I think I can really do it in five really good, very solid categories as reasons or benefits as to why I absolutely love the options trading business. Number one is the numbers. I've always been the type of person who thrives on understanding the numbers, the math behind something. And so, for me, options trading leaves very little subjectivity to the business. The numbers are what they are. We know what position size is. We know what the probability of success can be on a trade when you enter it. We know a lot of these numbers. And with most of the back-testing that we've done and will continue to do in the future, that gives us much more confidence in understanding how we can put together high probability income generation machines with options and it's purely based on the numbe