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 call, we’re just going to talk quickly about this concept of confusing smart with a bull market. The old saying is… I don’t know if I get this exactly right, but I hear it often and it’s, “Don’t confuse being smart with a bull market.” That’s really fitting because I find a lot of times that people especially in this industry, especially in the trading industry, when everything is good and the skies are clear (if you will) and everything is up, up, up, up and away, then options trading gets a really bad rep. We get a really bad rep because it’s easy to be complacent and let’s face it, just lazy and invest in indexes or really, you don’t even have to invest at an index because you can invest in anything in a bull market and you’ll see your account go up. That to me is interesting because then, people start to act like they’re smart, like they did something smart by just actually just investing in those stocks. I’m not saying that you