Options Playbook Radio

As earnings season winds down, we are looking at strategies before, during, and after announcements. Last week, we did a skip-strike butterfly in GOOGL. Let's follow up on how that went. You can find more in The Options Playbook , which is always available on OptionsPlaybook.com , in on the Amazon Kindle edition. Specifically: A review of the skip-strike butterfly What has happened to GOOGL since...

We are in the heart of earnings season, and next week a lot of the FANG stocks will announce. Two weeks ago, we did a diagonal spread in GOOGL. Let's follow up on how that went, and look at a skip-strike butterfly, as well. You can find more in The Options Playbook , which is always available on OptionsPlaybook.com , in on the Amazon Kindle edition. Specifically: How was the diagonal spread set up...

Huddle up, listeners. It's time for listener questions. If you have questions about anyoptions plays, you can find more in The Options Playbook , which is always available on OptionsPlaybook.com , in on the Amazon Kindle edition. Specifically: How do you like to trade options during earnings season? Do you hold a position through an announcement? How do you determine a strategy or direction? How t...

We are in the heart of earnings season, and next week a lot of the FANG stocks will announce. Let's take a look at a diagonal spread in GOOGL. You can find more in The Options Playbook , which is always available on OptionsPlaybook.com , in on the Amazon Kindle edition. Specifically: Why a diagonal spread? What is a diagonal spread? Setting up a trade GOOGL announces earnigns on 7/23 Selecting the...

We are back into earnings season. Let's take a look at a skip-strike butterfly in NFLX. You can find more in The Options Playbook , which is always available on OptionsPlaybook.com , in on the Amazon Kindle edition. Specifically: A review of the Boeing calendar spread from last time What happened since the paper trade was put on? Looking ahead to NFLX earnings Where is NFLX now? What is the expect...

Today we are bringing you the best of Options Playbook Radio.  Originally posted December 28th, 2017 Mark and Brian are back to answer listener questions. In particular: Question from Taj Penaso - Hi, will there be options for bitcoin once the futures are traded?? or just the futures until there are tradeable ETFs available? Thanks. #Options #QOTW - Now it's a party! #Bitcoin futures are live on b...

Tariff turmoil is rocking the market and is beating up some stocks, including Boeing (BA). You can find more in The Options Playbook , which is always available on OptionsPlaybook.com , in on the Amazon Kindle edition. Specifically: Implied volatility is spiking because of talk of tariffs BA announces earnings on 7/25 Stock has fallen about 40 points over the last month Putting on a long call spre...

News out of Canada regarding the legalization of marijuana has impacted volatility of medical marijuana stocks. This is an interesting opportunity to get back to basics, including a covered call and a cash-secured put. You can find more in The Options Playbook , which is always available on OptionsPlaybook.com , in on the Amazon Kindle edition. Specifically: A review of last week How did the trade...

This week we will look at a long butterfly with calls. You can find more on page 102 in The Options Playbook , which is always available on OptionsPlaybook.com , or on the Amazon Kindle edition. Specifically: A review from last week (diagonal spread with calls) Staying in FedEx Earnings! June 19' Setting up the trade Selecting strikes, expiration What is the maximum risk? Reward? What do we want t...

Do you have a question that you want answered on a future episode? Send them to Brian at theoptionsguy@invest.ally.com , or to the Options Insider at questions@theoptionsinsider.com .

Huddle up, listeners. It's all listener questions today on Options Playbook Radio. Including: Is there a rule of thumb on how many strikes to skip in a skip strike butterfly? What is Brian's favorite underlying for trading options Do you trade options on stocks below $5? Do you have a question that you want answered on a future episode? Send them to Brian at theoptionsguy@invest.ally.com , or to t...

We looked at doing a long call spread last week, which was net positive theta time premium. This week we will be looking at indexes. You can find more in The Options Playbook , which is always available on OptionsPlaybook.com , or on the Amazon Kindle edition. Specifically: Indexes and volatility Rolling out of SPY put flys into credit spreads Trading it directionally Setting up the trade Selectin...

We are back in the saddle discussing options strategies. With the VIX in the low- to mid-teens, that makes for an interesting time to look at volatility. We are going to look at a long call spread, possibly with a roll. You can find more in The Options Playbook , which is always available on OptionsPlaybook.com , or on the Amazon Kindle edition. Specifically: Indexes and volatility Looking to do t...

Mark and Brian are on location at the Options Industry Conference, the annual event that brings everyone in the options industry together. They discuss: Are covered calls really the best strategy for novice options traders? Is there a good rule of thumb on when to use a ratio spread? Should trading be concentrated in the last 30 minutes of the day to take advantage of liquidity? Do you have a ques...

Mark and Brian are on location at the Options Industry Conference, the annual event that brings everyone in the options industry together. They discuss: Specifically: Launching new products to meet retail investor needs Liquidity concerns Exchanges fragmenting liquidity through extra strikes and expirations What about price improvement? Unlimited quoting What did they learn at this year's event? D...

We are in the tech portion of earnings season, so let's take a look at Facebook. You can find more in The Options Playbook , which is always available on OptionsPlaybook.com , or on the Amazon Kindle edition. Specifically: Where is FB trading right now? What is the situation with FB? Can we sell the put spread for enough of a credit to buy a call? Setting up the put spread Selecting strikes Lookin...

Welcome to Options Playbook Radio On this episode we discuss: A review of our earnings trade in NFLX A complete breakdown of our new earnings skip-strike butterfly in GOOGL.

In this episode, Brian looks at a NFLX butterfly before earnings, including: Selecting strikes & expiration Watch out for skew Plan the trade, trade the plan And more...

We are back in the saddle discussing options strategies. As we are a few days away from earnings, let's look at something that is not driven by earnings. While we're waiting for volatility to slow down, let's look at a short-term butterfly in UNH. You can find more in The Options Playbook , which is always available on OptionsPlaybook.com , or on the Amazon Kindle edition. Specifically: UNH announ...

It's time to huddle up, in which Brian and Mark address listener questions and comments. In this episode: Question from Ed Bankert: Debating on using covered calls or short puts. Which is better for a less experienced options trader who wants to make money? Question from Duffy: How do you handle the fixed-time aspect of trading options? Comment from Charlie T.: Not really an options guy. I don't n...

As we approach the end of earnings season, there are still a few names left to announce. Last week we talked about a FedEx butterfly. Let's revisit what has happened since. You can find more in The Options Playbook , which is always available on OptionsPlaybook.com , or on the Amazon Kindle edition. Specifically: A review of last week's FDX butterfly What has happened to FDX since the paper trade?...

Last week we talked about a Costco butterfly. Let's revisit what has happened since. You can find more on page 102 (butterfly) and page 126 (iron condor) of The Options Playbook , which is always available on OptionsPlaybook.com , in on the Amazon Kindle edition. Specifically: A review of last week's comparison of the butterfly vs. iron condor in COST Breaking down the butterfly What about the iro...

Last week we talked about a Costco butterfly. Let's revisit what has happened since. You can find more on page 102 of The Options Playbook , which is always available on OptionsPlaybook.com , in on the Amazon Kindle edition. Specifically: A review of last week Where is Costco trading now? Setting up the trade Why timing matters Comparing this to an iron condor Why timing matters, part two More ris...

Let's review the skip-strike butterfly in PCLN from last week. You can find more on page 108 of The Options Playbook , which is always available on OptionsPlaybook.com , in on the Amazon Kindle edition. The long butterfly (used on the Costco paper trade) is on page 102. Specifically: A review of last week A change of name Did you adjust? Was time on your side? Who is up next? Costco Holdings! What...

As we enter the end of earnings season, there are still a few big names left to report, including Priceline, PCLN. This is an interesting opportunity for a skip-strike butterfly. You can find more on page 108 of The Options Playbook , which is always available on OptionsPlaybook.com , in on the Amazon Kindle edition. Specifically: Earnings + expiration + implied volatility = interesting situation...