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. On today’s daily call, we’re going to answer the question – “Should you run all option trades through the trade optimizer?” This question comes from David Tunney who asked this question and he said he was looking at the trade optimizer and the toolbox software and just wondered like – “Do we run all of our trades through the optimizer?” The short answer to this is – Yes, we do. Other than the fact that now I’ve run so many trades through the optimizer, I’m generally getting a better feel for what works in different market environments. I would say though that – Do you need to run all of them through the optimizer? You can totally guess and you can totally wing it and do it. But the reason that we built the optimizer and the reason that we did so much back testing was so that we had a better understanding of when and where trades would be more efficient or optimized as far as strike prices, profit targets, stop losses if any stop losses, etceter