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

Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, we’re going to be talking about why cash gives you investing optionality. This is a really important concept and something that we’ve been harping on for probably over 10 years now. We’ve been talking about how important it is just to have cash in the bank and have a cushion of cash ready for trading or investing or really anything, kind of like this emergency day fund if you want to call it the emergency day fund in budgeting. But the whole idea behind cash is the optionality that comes with cash. And with cash, you can do so much so quickly. And I think a lot of people try to kind of break some very simple rules with cash. They try to use things that are cash like or they try to put them into things that they assume they can quickly unwind and unravel, but the reality is nothing comes close to just having literally hard cash in the bank ready to go at any moment. And because of that, you have a lot more flexib