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The Option Alpha Podcast

206: Trendy Short Put Spread [Bot Talk]

The Option Alpha Podcast

Kirk Du Plessis

Investing, Trading, Stock Market, Business, Options Trading, Education, Finance

4.81.2K Ratings

🗓️ 11 August 2021

⏱️ 87 minutes

🧾️ Download transcript

Summary

Show notes: https://optionalpha.com/show206

On this week's episode, I wanted to try something new and explore just a single bot template in detail together - a full and complete deep dive into the origin, strategy, automations, and decisions for one bot template. For this maiden voyage I chose the Trendy Short Put Spread bot which I believe is a great starting point for the potential series of "Bot Talks" in the future. Inside the show, we'll talk about everything from the backtesting we did leading up to outlining the automations to the tweaks and modifications we've made along the way as we've watched it perform through multiple expiration periods.

Transcript

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0:00.0

On this week's episode, I wanted to try something new and explore just a single bot template

0:04.4

together, a full and complete deep dive into the origin, strategy, automations, and decisions

0:10.7

for one bot template. For this maiden voyage, I chose the Trendy Shore put spread bot,

0:15.5

which I believe is a great starting point for the potential series of bot talks like this in the

0:20.0

future. So inside this show, we'll talk about everything from back testing that we did,

0:24.4

leading up to and outlining the automations to the tweaks and modifications we've made along

0:29.6

the way, as we've watched this perform through multiple expiration periods.

0:54.0

Hey everyone, this is Kirk here again at optionalfa.com working every single week to make this the

0:58.5

most popular investing podcast offered online because it's based on one thing and one thing

1:03.5

only. And that's helping you consistently play smarter trades. So again, thank you so much for

1:08.5

tuning in today to show number 206. Got a really interesting show for you today. And like I said in

1:14.0

the intro, this is something brand new that we're going to try. So we're going to try a couple of

1:18.1

these bot talk episodes where we do a deep dive and kind of explore a bot template together.

1:23.9

And if you like these, if you have any ideas or suggestions, please let us know.

1:28.2

Let us know through email on social wherever you want to contact us and the forums on optionalfa.

1:32.8

Let us know what you guys think about these and other episode ideas that you have. Of course,

1:36.3

we're trying to try to figure out some different ways we can engage around these new templates and

1:41.2

create some new discussions around building bots and using automated trading. I think for today's

1:47.2

episode, you're really going to enjoy doing the deep dive on the trendy short put spread bot,

1:51.9

not only because it's one of our most popular bot templates inside the community,

1:55.9

but also because I think it's a really good foundational story of how you should be thinking about

2:01.2

bots and automations. And I want to walk you through the Genesis and the process that evolved

...

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