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 well-researched unimportant trades. And I like this terminology because I thought about this the other day when I got an email from somebody that all of this research that somebody sent me and it was like a book report that I got through email which by the way, I do not read all of those and this one, I was able to very quickly discern the problem in the first couple of paragraphs because basically, what this person emailed me is they said, “Kirk, I’m looking at this trade and it’s got low liquidity, but…” And then a book report kind of followed after that. And what I know to be true and two truisms that I’ve talked about here on the podcast before, is that doing something unimportant well does not make it then magically important. The fact that they did all of this research on this company and why it was going to go the direction it was going to go and why the option trade was so