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

Hey. What’s up, everyone. This is Kirk here again at optionalpha.com and on today's daily call, I want to get back to again, the topic of trading options with a small account and more importantly, maybe just going through a couple of things that you can do if you are trading options with a small account, little checklist, reminder things that I think are important. We’ll cover the high, overarching stuff. We’re not going to get into obviously like the nitty-gritty details in a short podcast like this. But the first thing is when you’re trading options with a small account, you’ve got to focus on small positions. This gets down to really, the heart of everything that we talk about here at Option Alpha and that’s making sure that you know what your edge is. We’re playing that implied volatility edge in the market. The expectation that implied volatility is always overstated and therefore, option pricing is always overstated. If that’s your edge, then we know that that edge plays out over time and the only way t