The Option Alpha Podcast 1: Why The Option Alpha Podcast Is On A Mission To Help The Individual Options Trader
Oct 22, 2014
The host shares their background and trading experience, and discusses their goals and expectations for the podcast. They talk about their transition from projections to trading for a living and discovering options trading. They also explore the evolution of Option Alpha from a blog to an education platform, and emphasize their mission to help individual options traders through education and dispelling myths.
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From Colorado To Pennsylvania
- Kirk DePlessis describes his upbringing in Colorado and Virginia and recent move to Pennsylvania with his family.
- He credits trading and his website for enabling his family's relocation and career flexibility.
Wall Street Beginnings
- Kirk recounts his early career on Wall Street at Deutsche Bank in M&A and a trading desk rotation.
- That experience taught him institutional options practices but wasn't the life he wanted long-term.
REIT Research Frustration
- Kirk describes working as an analyst covering REITs at BB&T and meeting CEOs while publishing reports.
- He found analyst projections often relied on many assumptions, which frustrated him.