Option Alpha Review (6.2/10)
Welcome to our in-depth review of Option Alpha. If you're contemplating whether to invest in this trading course, you're in the right place. We've gathered insights from two experienced traders to provide you with a comprehensive analysis.
Introduction to the Course
Option Alpha, founded by Kirk Du Plessis, is an educational platform aimed at helping individuals understand and navigate the complexities of options trading. Over the years, it has garnered significant attention and has become a prominent name in the financial education space. The platform offers a range of resources, from beginner to advanced levels, focusing on various aspects of options trading, including different strategies, risk management, and market analysis.
Course Structure
Option Alpha's course structure is divided into three levels: beginner, intermediate, and advanced. Each level covers specific concepts designed to progressively build a trader's knowledge and skills.
The content includes:
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Understanding call and put options, contracts, and expiration dates.
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Various strategies like selling premium, iron butterflies, and iron condors.
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Techniques to manage and mitigate risks.
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Tools and methods for analyzing market trends and making informed trading decisions.
Pricing
$ 79/month
Priced start at $79/month with 10 bots, 100 backtests per month, and $25k limit per bot
PROS
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Offers detailed information suitable for traders at all levels.
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Automates trading, reducing the need for constant manual intervention.
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Allows traders to test their strategies with historical data.
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Well-produced videos and educational materials.
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Addresses the often overlooked aspect of trading mindset.
CONS
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Advanced features and content require paid subscriptions, which can be expensive.
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Beginners may find the content challenging due to the complexity of financial markets.
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Options trading involves significant risks, and not all strategies guarantee success.
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Some traders criticize the effectiveness of the recommended strategies, such as trading ETFs and spreads.
Who is This Course For
Beginners
Those who want to start from scratch and understand the basics.
Intermediate Traders
Those looking to enhance their knowledge and apply more complex strategies.
Short-Term Traders
Experienced traders seeking to refine their strategies and use advanced tools like trading bots and backtesting.
Overall Rating
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6.4/10
Ricky Gutierrez
6.1/10
Steven Dux
6/10
Zip Trader
6.3/10
Simple Trading
6.8/10
Timothy Sykes
6/10
Option Alpha
6.2/10
Tastytrade
8.5/10
Invest with Henry
6/10
Goat Academy
9/10
Adam Khoo
6.4/10
Anton Kreil
6/10
Warrior Trading
7/10
“Option Alpha offers a well-structured and comprehensive education on options trading, with a range of tools and resources to support traders. However, it comes with a high cost and a steep learning curve. While some may find success using the strategies taught, others may struggle with the complexities and costs involved. It is essential to approach options trading with caution and consider one's financial situation and risk tolerance before committing to any course.”
-Trading Coach Reviews