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

Hey everyone, Kirk here again and welcome back to the daily call. Today, we are going to be answering the question, “How many option trades do we have to place to see profits?” This is a huge topic that we get a lot of questions on and a hot topic for me because I think that people totally misunderstand what they are doing when they get into this business. I say business. I actually just said it without even thinking about saying business. But most people actually get into options trading like they're getting into business, but they treat it like a hobby. They treat it like a hobby because they don't have the right expectations heading into it. I’ve often related options trading in the sense of opening up a restaurant. If you’re going to open up a restaurant business, you expect that you’re going to be in business for a couple of years. You wouldn't go through the hassle and the process and the capital investment to open up a restaurant just to close it down after two months. But yet, magically, people still