Show Notes: https://optionalpha.com/show232

Navigating options expiration is a critical skill for traders, especially with the rise of daily expirations.

This week’s podcast explores the top 7 automated tips and tricks you can use inside Option Alpha to set up your portfolio for better options expiration management.

See all 7 tips here

1. Adjust exit options as you near expiration
2. Check the extrinsic value of your positions/legs
3. Check the probability of short legs being ITM
4. Don’t use market orders, use defined limit orders
5. Tag positions for their state so you can analyze performance later
6. Setup alerts for low liquidity exit conditions
7. Setup ‘critical’ alerts for positions between strikes of a spread

Show Notes: https://optionalpha.com/show231

This week we explore the latest and most pressing challenges emerging for investors who have embraced autotrading.

As automation revolutionizes the financial markets, traders find themselves navigating uncharted psychological territory. From trusting bots and algorithms, coping with reduced decision-making control, and the novel complexities of autotrading that demand a new style of adaptation and resilience.

With help from our team, I’ll peel back the proverbial onion on the evolving mindset of options traders and shed some light on these new psychological challenges popping up.

See the full list here

1. Obsessive-Compulsive Overriding (OCO)
2. Strategy Straitjacketing
3. Current Events Fallacy
4. Sweeping Conclusion Anxiety
5. Shiny Object Syndrome Freeze
6. Bot Scapegoating
7. Feature Creep
8. Emotional Hedging
9. Version Control Disorder
10. Identity Panic Disorder

Show Notes: https://optionalpha.com/show230

This week I explore a deep and philosophical viewpoint into the world of automated trading and its inevitable rise for investors. I explore the evolutionary nature of human decision-making and its limitations in complex financial markets by examining cognitive biases and their impact on manual trading.

I’ll also discuss the technological advancements driving this shift, risk management in autotrading, and the future trends and challenges in this rapidly evolving landscape. Get ready for a fresh perspective on the future of investing and why autotrading is poised to dominate.

These are my 9 key takeaways