“A put selling strategy outperforms the market”
Kirk Du Plessis
Kirk Du Plessis is the founder of Option Alpha, an online education and coaching platform for investors interested in learning more about the financial markets and derivative options. Kirk is responsible for everything from maintaining the business model, revenue strategies, marketing, strategic partnerships with brokers, writing, design, and website development.
During the show, Kirk will cover options strategies, risk management, trading psychology, option pricing and portfolio allocation. You’ll learn how other make this a full-time income including ways to optimize the process. Listen to the end to hear the best trading platforms plus Kirk personal investments.
Listen to ILAB 64 on iTunes here or subscribe on your favorite podcast app.
ILAB 64 Show Notes
Links:
LinkedIn
Optionalpha.com
Optionalpha.com/toolbox (Software)
Where we are:
Sam – Asia
Johnny FD – Ukraine
Kirk – East Coast USA
Discussed:
ILAB 57 – MJ DeMarco – What the Unscripted & Millionaire Fastlane Author Himself Invests In
ILAB 54 – How Anyone Can Retire in 10 Years or Less, with Todd Tresidder
Recommended:
ArtofFX – start with just a $10,000 account (reduced from $25,000)
Fundrise – start with only $1,000 into their REIT funds (non-accredited investors OK)
PeerStreet – get a 1% yield bump on your first loan
Wealthfront – get your first $15,000 managed free
Books:
Start Here – Recommended readings
Time Stamps:
04:35 – Brief background
09:26 – Trading and running OptionAlpha
12:40 – Risks in Forex and options
15:01 – Common options
17:27 – Being a full-time investor
20:54 – Selling option contracts
24:22 – Leveraging methods
30:19 – Generating 6k per month
37:31 – Optimizing through software
42:52 – Win rate preference when trading
47:38 – Best trading platforms
49:51 – Kirk personal investments
56:47 – Buying index funds of VTI
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