Options Playbook Radio

Tired of trying to find UNH cheese and just want out of the trap? In this episode, we break down a front spread, also known as a call ratio spread, built for traders who already own 100 shares of UNH and want options to, literally, get unstuck. By buying one 300 call and selling two 315 calls expiring Friday, March 6, 2026, the trade was placed for about a $1.00 net credit with UNH near 281.70. We...

HOST: Brian Overby, Options Playbook Here is a Monday trade and a Friday expiration trade.   Open-Wing Butterfly in SPX with either 0DTE (Nov 10) or Friday Nov 14th Buy 1 SPXW Nov 10th 6785 Strike Call Sell 2 SPXW Nov 10th 6800 Strike Call Buy 1 SPXW Nov 10th 6805 Strike Call

HOST: Brian Overby, Options Playbook Radio The OPR strategy today is an Open-Wing Butterfly Spread on AMZN ahead of the company's earnings announcement after the close today, Thursday, October 30th. BUY +1 AMZN 31 OCT 235 STRIKE CALL SELL -2 AMZN 31 OCT 245 STRIKE CALL BUY +1 AMZN 31 OCT 250 STRIKE CALL NET DEBIT $2.18

Brian's latest actionable trade idea...a VIX butterfly! Trade Breakdown Butterfly spread entry with 1 buy and 2 sell orders VIX 22 OCT 25 AM options at strikes 15, 20, and 22 Call type with a debit order at 1.65 price Quantities: +1, -2, +1 respectively

On this episode Brian breaks down a GLD Butterfly: GLD SPDR Gold Trust: $338.75 (up 3.09%), GLD Long Open-Wing Butterfly: Debit Mid $3.00 Leg 1: Buy to Open, 1, 2025-09-19, Strike 345.00, PUT Leg 2: Sell to Open, 2, 2025-09-19, Strike 339.00, PUT Leg 3: Buy to Open, 1, 2025-09-19, Strike 337.00, PUT Max Risk: $300 per 1x2x1 Spread Executed Max Reward: $300 per 1x2x1 O-W Butterfly Established

Brian Overby is back with a great NVDA options play.

On this episode, Brian talks about an SPX butterfly trade. 

We are pleased to welcome back Brian Overby and his popular Options Playbook Radio program.  On this episode, Brian talks about his VIX modified butterfly trade. 

The Options Guy - aka Brian Overby - joins Mark in the Southern Studio at OIC 2024 to discuss: Skip strike butterfly adjustments Skip strikes vs. Fig Leaves 0 DTE options 24hr trading in stocks and options and much more...

We are pleased to welcome back Brian Overby and his popular Options Playbook Radio program.  On this episode, Mark and Brian answer your listener questions including: their thoughts on options trading holding up in 2023 their feelings on the pattern day trading policy trading VIX calls/spreads vs. VIX puts/spreads whether Chicago is still the mecca for trading options and much more.

For this week's trade, Brian gets speculative with the United States Oil ETF (Ticker: USO).  The Options Playbook  is available at  OptionsPlaybook.com , or on  Amazon . Do you have a question that you want to be answered on a future episode? Send it to Brian at  TheOptionsGuy@Invest. Ally. Com  or to the Options Insider at Questions@TheOptionsInsider.com. You can also find Brian on Twitter at @Br...

On this rare live Huddle episode, Mark and Brian answer your pressing questions about:  0 DTE trading in Apple and Meta The mysterious Super Bowl indicator Ratio put spreads "Covered" straddles Stock repair trades and much more...

Brian begins this episode by looking at last's weeks trade which was a long call in SNAP. For this week's trade, he looks at a long call spread in Booking Holdings (Ticker: BKNG). The Options Playbook  is available at  OptionsPlaybook.com , or on  Amazon . Do you have a question that you want to be answered on a future episode? Send it to Brian at  TheOptionsGuy@Invest. Ally. Com  or to the Option...

Brian begins this episode by looking at last's weeks trade which was a Christmas tree butterfly in Apple (Ticker: AAPL). For this week's trade, he looks at a long call in SNAP. The Options Playbook  is available at  OptionsPlaybook.com , or on  Amazon . Do you have a question that you want to be answered on a future episode? Send it to Brian at  TheOptionsGuy@Invest. Ally. Com  or to the Options I...

For this week's trade, Brian looks at a Christmas tree butterfly in Apple (Ticker: AAPL). The Options Playbook  is available at  OptionsPlaybook.com , or on  Amazon . Do you have a question that you want to be answered on a future episode? Send it to Brian at  TheOptionsGuy@Invest. Ally. Com  or to the Options Insider at Questions@TheOptionsInsider.com. You can also find Brian on Twitter at @Brian...

Brian and Mark huddle up to answer your options questions, including: Is it worth it to sell puts in 0 DTE options Why aren't there same day options for single stocks What are we looking forward to in the market this year What will be the hot options strategy for 2023 How far out do we go when selling a put in a single name stock as a way to buy the stock at a lower level And much more...

Brian begins this episode by looking at last's weeks trade which was an iron condor in Delta Airlines (Ticker: DAL). For this week's trade, he does a FOMO (Fear Of Missing Out) trade in Delta Airlines (Ticker: DAL). The Options Playbook  is available at  OptionsPlaybook.com , or on  Amazon . Do you have a question that you want to be answered on a future episode? Send it to Brian at  TheOptionsGuy...

Brian begins this episode by looking at last's weeks trade which was a SPX put butterfly trade. For this week's trade, he looks at an iron condor in Delta Airlines (Ticker: DAL). The Options Playbook  is available at  OptionsPlaybook.com , or on  Amazon . Do you have a question that you want to be answered on a future episode? Send it to Brian at  TheOptionsGuy@Invest. Ally. Com  or to the Options...

Brian begins this first episode of the new year by discussing the markets. Then he looks at a SPX put butterfly trade. The Options Playbook  is available at  OptionsPlaybook.com , or on  Amazon . Do you have a question that you want to be answered on a future episode? Send it to Brian at  TheOptionsGuy@Invest. Ally. Com  or to the Options Insider at Questions@TheOptionsInsider.com. You can also fi...

On this year-end show, Mark looks at the top Options Playbook Radio episodes of 2022. The Options Playbook  is available at  OptionsPlaybook.com , or on  Amazon . Do you have a question that you want to be answered on a future episode? Send it to Brian at  TheOptionsGuy@Invest. Ally. Com  or to the Options Insider at Questions@TheOptionsInsider.com. You can also find Brian on Twitter at @BrianOver...

Brian and Mark huddle up to answer your options questions, including: Your most used options strategy in 2022 Favorite strategy to use with 0 DTE SPX options Will daily options expand to products like Apple or Meta Why does Brian like the Fig Leaf strategy Was it a good year for SPY put traders Trading resolutions for the new year With options should you trade what you know and speculate on what y...

On today's show, Brian reviews last week's trade of using options for year-end maintenance on your portfolio with a covered call in Amazon (Ticker: AMZN). Then he discusses getting bullish in SPX. The Options Playbook  is available at  OptionsPlaybook.com , or on  Amazon . Do you have a question that you want to be answered on a future episode? Send it to Brian at  TheOptionsGuy@Invest. Ally. Com...

On today's show, Brian reviews last week's FOMO fig leaf trade in Walt Disney Company (Ticker: DIS). Then he discusses using options for year-end maintenance on your portfolio with a covered call in Amazon (Ticker: AMZN). The Options Playbook  is available at  OptionsPlaybook.com , or on  Amazon . Do you have a question that you want to be answered on a future episode? Send it to Brian at  TheOpti...

On today's show, Brian does a FOMO fig leaf trade in Walt Disney Company (Ticker: DIS). The Options Playbook  is available at  OptionsPlaybook.com , or on  Amazon . Do you have a question that you want to be answered on a future episode? Send it to Brian at  TheOptionsGuy@Invest. Ally. Com  or to the Options Insider at Questions@TheOptionsInsider.com. You can also find Brian on Twitter at @BrianOv...

On this episode, Brian and Mark Huddle Up to answer your questions about: "Daily" options trading What does Brian see on the horizon for the market? Impact of the FTX fiasco on the options market' Trading theta around holidays and earnings events Expiration Day Trading PFOF and much more...