Podcast
The Options Millionaire
Hosted by Peter & Travis · EN
Join Peter and Travis as they provide you with invaluable insight into the world of options trading. Peter and Travis joined forces back in 2015 when Peter was a student of Travis' extremely popular and successful course, The Success Academy. From there, the two Co-Founded the Options Wealth Academy where they teach students to build six and seven figure account using options. Peter and Travis decided to share their knowledge and love of options trading by starting this podcast. So if you love options, or you've never heard of them and want to learn more, subscribe and join the community.
13episodes
Episodes
Newest firstAll episodes
Episode 091 Emotional Discipline and Why It Gets Easier
2w ago00:35:48Tap to summarizeSend us Fan MailWhat separates consistently profitable traders from everyone else isn’t a secret strategy or a better indicator. It’s emotional discipline.In this episode of the Options Millionaire Podcast, we explore why managing your emotions is one of the most valuable skills you can develop as an investor and options trader. More importantly, we discuss why emotional discipline isn’t something you’re simply born with—it becomes easier over time when you have a repeatable process, clearly defined rules, and confidence built through experience.We’ll examine why fear, greed, impatience, and overconfidence lead so many traders to abandon their trading plans at exactly the wrong moments. You’ll learn how professional traders reduce emotional decision-making by relying on preparation instead of prediction and why consistency comes from trusting your process rather than chasing every market move.Whether you’re struggling to hold winning positions, cutting trades too early, or feeling the urge to overtrade during volatile markets, this episode provides practical insights to help you develop the mindset required for long-term success.If your goal is to become a calmer, more disciplined trader who focuses on process instead of emotion, this is an episode you won’t want to miss.
Transcribe →090 The Dangerous Side of Premium Selling Nobody Talks About
3w ago00:44:55Tap to summarizeSend us Fan MailPremium selling has become one of the most popular approaches in options trading. Social media is filled with traders showcasing high win rates, steady income, and what appears to be a consistent path to financial success.And on the surface, it makes sense.You sell an option, collect premium, and time works in your favor. Many premium-selling strategies can produce winning trades 70%, 80%, even 90% of the time.But there’s a side of premium selling that rarely gets discussed.It’s the side that doesn’t show up during normal market conditions.It’s the side that destroys accounts.Today, we’re discussing the dangerous side of premium selling that nobody talks about.
Transcribe →Episode 089 Volatility Explained Simply
4w ago00:41:35Tap to summarizeSend us Fan MailHave you ever watched the market drop 3% in a single day and wondered what just happened? Or maybe you’ve seen option prices suddenly double even when the stock barely moved. Most traders hear the word “volatility” every day, but very few truly understand what it means.In today’s episode, we’re breaking down volatility in plain English. No complicated math. No academic jargon. Just a practical explanation of what volatility is, why it matters, and how understanding it can make you a better trader and investor.Whether you’re trading stocks, options, ETFs, or simply managing a retirement account, volatility impacts every decision you make.Let’s dive in.
Transcribe →Episode 88_Trading In Different Market Conditions
Jul 700:40:07Tap to summarizeSend us Fan Mail"Trading In Different Market Conditions," the goal is to teach traders that no single strategy works equally well in every environment. Successful traders adapt to market conditions rather than forcing trades.“Most traders spend their time searching for the perfect strategy. Professional traders spend their time identifying the current market condition and then applying the right strategy at the right time.”To learn more, head over to:www.optionswealthacademy.com
Transcribe →How To Defend Losing Trades
Jun 3000:47:24Tap to summarizeSend us Fan MailEvery trader faces losing trades. The difference between successful traders and struggling traders is not whether they experience losses, but how they respond when a position moves against them.For us, we don't actually defend losing positions. We build a losing position into our plan so that we don't have to defend them.This makes trading much easier as your emotions won't be able to pull at you to make a foolish or unwise decision.There are traders that don't believe in this system, and that's fine, but its something we've been doing for several years and it works for us.So, check out the episode and let us know what you think. Do you think it's more appropriate to defend a losing trade, or just build it into the plan before making the trade to begin with?For more on options trading, check us out at:www.optionswealthacademy.com
Transcribe →086 When To Use Credit Spreads 62226, 10 26AM
Jun 2200:38:44Tap to summarizeSend us Fan MailCredit spreads are one of the most versatile options strategies available to income-focused traders, but timing matters. In this episode, we break down when credit spreads offer the greatest edge and how professional traders use them to generate consistent returns while controlling risk.We begin by explaining what credit spreads are and why they differ from naked option selling. By simultaneously selling one option and buying another, traders define their maximum risk while collecting premium upfront. This creates a strategy that can benefit from time decay, favorable probabilities, and proper risk management.Whether you're a newer options trader looking to understand defined-risk premium selling or an experienced trader seeking to improve your timing, this episode provides a practical framework for determining when credit spreads deserve a place in your trading plan.Credit spreads are not simply an income strategy—they are a probability strategy. The traders who achieve long-term success are often those who wait patiently for the right conditions rather than forcing trades when the odds are not in their favor.
Transcribe →The Truth About High Probability Options Trades
Jun 900:47:09Tap to summarizeSend us Fan Mail“High probability trade.”It’s one of the most overused phrases in trading.You hear it everywhere:“This setup wins 85% of the time.”“This strategy has a 90% success rate.”“This is a low-risk income strategy.”But what most traders eventually learn — usually the hard way — is this:A high win rate does not automatically mean a high-quality trading system.In today’s episode, we’re breaking down the truth about high probability trades:why traders are attracted to them,where they can become dangerous,how professional traders actually evaluate probability,and how to avoid blowing up your account chasing consistency that isn’t real.Because in trading, probability without risk management is just delayed pain.If you want to learn more, head over to:www.optionswealthacademy.com
Transcribe →When and How To Increase Size Safely
Jun 200:42:58Tap to summarizeSend us Fan MailMost traders are obsessed with finding the “next big trade.”Very few are obsessed with surviving long enough to compound.And that’s the difference.The trader who knows how to scale position size correctly can turn a modest account into substantial long-term wealth.The trader who scales too quickly usually gives everything back.In today’s episode, we’re discussing one of the most important transitions in trading:How do you safely increase size without destroying consistency, discipline, or risk management?Because scaling isn’t just a math problem.It’s a psychological problem.It’s a process problem.And for many traders, it becomes the exact moment where performance collapses.Let’s break down when to scale, how to scale, and why most traders do it far too early.
Transcribe →Why Most Traders Blow Up Small Accounts
May 2600:29:59Tap to summarizeSend us Fan MailMost traders do not fail because they lack intelligence.They fail because small accounts magnify emotional mistakes, poor risk management, and unrealistic expectations.A trader with a $2,000 account often tries to trade like someone managing $200,000. That disconnect is where accounts implode.In this episode, we break down:Why small accounts are structurally difficult to growThe behavioral traps that destroy tradersHistorical data on retail trader performanceThe mathematics of recovery after lossesThe professional mindset required to survive long enough to compound capital
Transcribe →Managing Risk Like a Professional Trader: The Skill That Determines Everything
May 1900:39:42Tap to summarizeSend us Fan MailLet’s get something clear right away—risk management is not a secondary skill in trading. It is the skill. Everything else—strategy selection, entries, indicators—sits downstream of how well you control risk.Most traders don’t fail because they can’t find good trades. They fail because they don’t survive the bad ones.That distinction matters.
Transcribe →