Options Playbook Radio

For the last few weeks, we have been discussing long put spreads, which can be found on page 62 of The Options Playbook . You can always follow along online on OptionsPlaybook.com . This week Brian discusses: A reivew of the last two trades he covered What has the market done since? Where does it leave the spread? What do we do now? How will we reduce risk? Setting up the trade When do we close ou...

Continuing with the long SPX put spread that we put on last week, Brian looks at current market conditions and decides if and how to make any adjustments. If you want to follow along in the Options Playbook, this is on page 62. You can always find this information on OptionsPlaybook.com . This week Brian discusses: What happened after the Fed meeting last week? A recap of last week's strategy What...

This week, we are moving past earnings to look a the overall market. To do this, we'll try a long put spread, which is on page 62 of The Options Playbook. You can always find the information online at OptionsPlaybook.com. Today, we discuss: A review of last week's bull call spread on FL What was our forecast? What happened? Now that earnings are mostly over, let's look at the general, overall mark...

To follow along, you can find long call spreads on page 60 of the Options Playbook. You can also play along online at OptionsPlaybook.com In this episode, Brian discusses: A review of last week's episode featuring TIF What happened since putting on the TIF paper trade? Moving on to FL, which reports earnings tomorrow, August 19 Where is the long straddle trading on the options expiring on August 1...

This week Brian takes a look back at his previous earnings trade on PCLN. What went right? What went wrong? Tune in to this episode of Options Playbook Radio to find out. Have a question for Brian? He's happy to answer them directly via the TradeKing Facebook Page - https://www.facebook.com/tradeking.

We're still in earnings season, so let's take a look at Priceline. Sticking with butterflies, this week we are looking at put butterflies. You can find this on page 104 in The Options Playbook, but you can always find this online at OptionsPlaybook.com . This week we cover: Review of last week's GOOG butterfly What a difference choosing expirations can make Upcoming Priceline earnings (before the...

'Tis the season...earnings season. Instead of avoiding earnings, we are jumping right in, and are going to do so with a long butterfly with calls on GOOG. If you want to follow along with the book, you can find this on page 102. Today, Brian covers: A review of last time, including a mistake we made with the math GOOG announces earnings after the close on July 28 Setting up a butterfly to capture...

Brian is back to discuss how things went with the the long call that he discussed last week. Specifically, he discusses: The AMZN long call spread from last week Turning that into a standard butterfly with calls What happened after we placed the paper trade? What was the adjustment? Where do things stand now? How would we close the position? What is the risk? Reward?

We are back to strategies this week and are looking at long call spreads...with a twist. If you're following along at home, this is on page 60 of the Options Playbook, but you can always find it on OptionsPlaybook.com. Jumping in: AMZN is announcing earnings in two weeks, but we are looking to avoid those earnings We're taking a traditional long call spread, and trying to make it time/premium posi...

Mark and Brian are diving in to listener questions, including: Question from skeball: Where do you see the VIX going, and how will impact stock picking in this market? Which leads to: Who does the volatility swings benefit? Day traders? Swing traders? Long-term traders? Summer doldrums No more earnings What will the Fed do? When/how does VIX revert to the mean?

In this episode, Brian is joined by Mark to take on listener questions. They discuss: What indexes or products work best for synthetic covered calls? That brings up: Fig leaf Greeks How to roll

In this episode, Brian is joined by Bill Ryan , Managing Director at the NYSE. They discuss: What are ByRDs ? What about pricing? Is time on your side? Probabilities and their relative factors VWAP matters: find out more at nyse.com/byrds What products have ByRDs? What type of expirations are there? Can you sell ByRDs to bring in a credit? Can retail customers trade ByRDs?

Mark and Brian are taking your questions. Question from Jim Duggan: FOMC and Brexit are approaching. What are some good ways to use options to play Brexit or FOMC? Question from Vegan: For an options newbie, how would I construct a trade with most possibilities to win? I understand that the potential profit might be small. What time frame is good as well?

This week, we are continuing the conversation about long butterfly spreads with puts that started last time. You can find this information on page 104 of the Options Playbook, or on OptionsPlaybook.com . In this episode, Brian discusses: A review of last week. What was the plan? Does the plan need to be revised? Can we still make a profit? How to manipulate the legs to create a new, profitable pos...

Today we're looking at a strategy based on the overall market, a long butterfly with puts. You can find this on page 104 of the Options Playbook, or you can always find it on OptionsPlaybook.com Specifically: Looking at the overall market: where is the S&P 500? Will there be a new all-time high, or will there be a pullback? European verus American style options Weekly versus monthly options Settin...

Coming to you live (to tape) from the Options Industry Conference, Mark and Brian are back and they have more listener questions to address. This week, they are taking on: Do the remaining specialists/DPMs do a good job of making markets, or are there too few of them? Are there too many strikes? Expirations? Why have the more exotic stratgies become more popular?

Huddle up, listeners. We're taking listener questions. Vega: Do puts and calls become more expensive ahead of events due to risk premium? If so, how do I avoid that? When do you want implied volatility to increase? How to avoid swings around earnings Critter: Is selling premium less risky than buying premium? Build your strategy around your forecast Common misconceptions

Huddle Up: Listener questions and comments Bean bag: Could you discuss the put/call ratio, its use, and metrics as a tool? Reid: Do options stats or unusual activity predict stock movements accurately?

You can find information on iron condors in the Options Playbook on page 126. You can also always find all of this information on OptionsPlaybook.com . In this episode, Brian discusses The AMZN iron condor from last week General guidelines for earnings trades A review of the GOOG trade from a few weeks ago A deep look at TSLA What is the ATM straddle for the nearest expiration? Picking the strikes...

With it being earnings season, let's take a look at a strategy around AMZN earnings. You can always find information on iron condors on OptionsPlaybook.com. Today Brian discusses: A review of the GOOG skip-strike butterfly from last week Taking a look at AMZN going into earnings Where is the long straddle of the nearest-term expiration? Why a skip-strike butterfly didn't work in this case. Why was...

Today we are looking at a skip strike butterfly with calls on GOOG, which announces earnings after the close the day of this recording. You can find this information on page 104 of the Options Playbook, or on OptionsPlaybook.com . This includes: A quick review of the VZ paper trade we put on last week What's going on in GOOG Why are we setting up a skip strike butterfly? Setting up the trade How a...

Last week, we initiated a bull put spread paper trade in GPS, and reviewed a YHOO skip-strike butterfly. Now, we will review. Specifically: Reviewing strategies. What strategies work best and when? Looking at the long call, which is on page 40 of The Options Playbook , or on OptionsPlaybook.com What happened since GPS announced sales? What is going on with YHOO? Setting up a paper trade in VZ What...

Last week, we discussed skip-strike butterflies on YHOO, and put on a paper trade. Today, we are looking at Gap Stores (GPS), and putting on a paper trade that is based on a neutral to bullish outlook. Specifically: A review of last week What did we want YHOO to do? What did YHOO do? Time decay and expiration Taking a look at GPS Where is the underlying? What is the trading range? What is the outl...

Great thanks to everyone who participated in the Options Playbook Radio 100th episode extravaganza. Today, we are heading back to the playbook and looking at a YHOO skip-strike butterflies with an approximately 15-day expiration. Specifically: Avoiding the expiration that has the earnings Setting up the trade What is the maximum profit? What is the maximum risk? What do we want to happen in YHOO?...

Today, Brian and Mark take a look at back at episode 96 with Mark Sebastian from Option Pit . They discuss: What was the setup at the time for AMZN? What position did we create? What was the net cost? What was the outlook? What does Mark Sebastian think of the trade? What would Mark do?