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 the turnaround in our EWZ short straddles. And actually, what I want to do is I want to try to point you to new podcast that we have coming out very shortly which is show 151 on the weekly podcast. If you're already subscribed to the weekly podcast, you’ll get the show. If not, go ahead and subscribe to the weekly podcast from Option Alpha because we walk through in basically 45 minutes to an hour, the entire case study in EWZ. But the quick highlights here are really interesting. We started trading EWZ many, many months ago back in I think early September or even early August when we start first selling premium and short straddles in EWZ mainly around the 33 and 35 strike prices. Then we saw EWZ have a massive move up to around $42 at its peak and at that point, we just continued to use some of the basic risk adjustment and rolling techniques that we teach here at Option Alpha, r