Options Playbook Radio

In the last few episodes, we have talked to other options experts. Today is no exception, as we are joined by "Uncle" Mike Tosaw from RCM Wealth Advisors. They discuss: Episode 93: Backspreads with Puts on NFLX recap Synthetic options The impact of volatility Directionality into earnings What will happen to volatility if your forecast is correct? And more

The 100th episode of Options Playbook Radio is the gift that keeps on giving. In this third part of the celebration, Mark and Brian are joined by Russell Rhoads, from the CBOE Options Institute. They discuss: What is the VIX? History of the VIX Other volatility products Where are these products traded? How does venue impact the cost of trading? How are people using volatility products? Is there a...

We are continuing with the 100th episode spectacular. Today, our featured guest is Dan Sheridan from Sheridan Options Mentoring. They discuss: A review of a TWTR iron condor paper trade What was the situation when the trade was put on? What does Dan think? Doing a spec trade What would Dan do? Should we have considered weekly options? What about gamma? Did we use the baseball bat for its intended...

For this special episode, Brian is joined by: Mark "the Voice of Options" Longo Andrew "the Rock Lobster" Giovinazzi They discuss: Iron condor on AMZN Setting up the trade What did they decide? What happened after the paper trade? Premium selling relative to earnings The zones, and when to avoid them Caveats, greeks, volatility, and other considerations And more

Today it is time to take a longer term view on oil. How will this happen: the fig leaf strategy. For those of you at home, you can find this on page 56. You can always find the information on OptionsPlaybook.com . Today, Brian discusses: Will OPEC work with oil producers to cut production? Taking a look at oil services companies, specifically XOM What is the fig leaf strategy? Setting up the trade...

We're back from the listener question/congressional aide briefing break, and ready to move through the Playbook. Today we are looking at an iron condor going into earnings. This is on page 126 of The Options Playbook , or you can always find it on OptionsPlaybook.com . Specifically: Looking at a TWTR paper trade going into earnings (which, at the time of this recording, was going to be in 17 minut...

In this episode, Brian beams in from Capitol Hill and is joined by Mark to answer listener questions. You wanted to know: Question from 777-Are there expectations for a Google stock split anytime soon? How would that impact the options trading? Question from Hot Emini-There is a big disconnect in retail that theta is the end-all greek. But isn't vega the king greek for pros? What about gamma? Wher...

In this episode, Brian is looking at skip strike butterflies with call options. You can find this information in the hardcover and Kindle versions of The Options Playbook, and it's always available on OptionsPlaybook.com . He discusses: A review of last week's iron condor What happend to AMZN? Why do this around earnings? What is the marketplace expecting? Aka expected move or over/under How to se...

Today we are looking at putting on an iron condor on AMZN before earnings. Specifically: Why volatile markets are very interesting trading environments Where is AMZN? How to use volatility to create a position What is the rationale? What is the outlook until earnings? Setting up the trade What is the maximum risk? What is the maximum gain? What is the goal?

Today we are taking on listener questions, specifically about options pricing. You will be able to find information on options pricing in the Options Playbook. You can always find it on OptionsPlaybook.com. Today, we discuss: In a bull call spread, or even a bear put spread, (AKA long spreads), how to you manage time decay? Picking your strikes What is the outlook? Remember volatility What is the...

In this episode, we are going to talk about a trade around earnings. One of Brian's go-to trades when he thinks that there will be more volatility than what the market is predicting, he turns to backspreads, in this case with puts. You can find this on page 87 of The Options Playbook, or, as always, on OptionsPlaybook.com. In this episode, Brian discusses: NFLX announces earnings on 1/19, so we wi...

In this episode, we are discussing how to adjust positions. You can find this information on page 104 of The Options Playbook. Brian goes into more detail with: How to adjust a put butterfly? How was the butterfly set up on Monday? What was the direction? What was the concept of this strategy? What has happened since the trade was put on? How, and when, to make adjustments What do we want to happe...

We have been talking about double diagonals for the last few weeks, which we are continuing in light of the Fed meeting yesterday. You can find this information on page 87 of the Options Playbook, or on OptionsPlaybook.com . Today, Brian discusses: The double diagonal strategy around GE It’s been almost 11 years since the Fed raised rates Where was GE trading? Setting up the double diagonal in GE...

You can find double diagonals on page 128 of The Options Playbook, or you can follow along online on OptionsPlaybook.com. Today, Brian discusses: A review of double diagonals Setting up a double diagonal on the S&P 500 index Yes, you can do this with options expiring tomorrow What will this cost? What do you want to happen? What is the risk? Reward? And more

You can find information about double diagonals on page 128 of the Options Playbook, or you can always find it on OptionsPlaybook.com. In this episode, Brian discusses: Will the Fed increase rates the next time they meet? How can using double diagonals take advantage of the probability of the Fed increasing rates? Structuring the double diagonal to wrap around the news from a timing point of view...

We are moving on to double diagonals, which can be found on page 128 of the Options Playbook. You can always find this on OptionsPlaybook.com. In this episode, Brian covers: Double diagonals overview Why are they called diagonals? Setting up the trade Risks and benefits And more

Options Playbook Radio 87: Listener Questions on the Short Squeeze & Brokers It's time to huddle up as Mark and Brian take on listener questions. Topics include: Does "hard to borrow" apply to options the way it does to stocks? Who is the best online broker for stocks, options, and futures?

Wait a minute, is that Mark Longo? Yes it is, and he joins Brian on this episode of Options Playbook Radio, in which they take on listener questions, which include: Inflated implied volatility skewing positions How to find stocks that have inflated options premium

As we are in the thick of earnings season, let's take a look at two different trades that one could employ to capitalize on movement around earnings. This week, Brian discusses: A review of skip-strike butterflies, bullish and bearish Looking at FB earnings What is the market expecting? How to set up the trade if you think there will be a lot of volatility? Only a little volatility? What is the do...

Huddle up, traders. Today's discussion addresses listener questions. They include: Nelson from NC: Exploring covered calls on dividend playing stocks. Remember rho You might not receive as much premium. Why? Dr. Ram: How to trade multi-leg option strategies in an IRA account You can't use anything that provides leverage You also have to avoid unlimited risk Remember that you have to be approved wi...

In this episode, we are discussing skip-strike butterflies with calls that we did last earnings season. This was in episode 77 . For those of you with the hardcover version of the book, please turn to page 108. If you are following along online, this is always at OptionsPlaybook.com . Today Brian discusses: Setting up a skip-strike butterfly on AMZN around earnings. Where is the market right now?...

In this episode, we are discussing. If you have a copy of The Options Playbook, this information is available on page 68. You can always follow along online at OptionsPlaybook.com. Today, Brian discusses: The caveats of long straddles Why do long straddles work in this market climate? Looking at long straddles for GE, which announces earnings on Friday, October 16, before the open. What is the mar...

Dan Sheridan is back with Brian, and today they are discussing how to set up an iron butterfly on the RUT. You can find this on page 106 of the Options Playbook, or on OptionsPlaybook.com. They discuss: Looking at a two-week iron butterfly in RUT Where has RUT been for the last six months? Setting things up, and why might width be different? What is the risk? Why do this in a volatile market? How...

In this episode, Brian is joined by Dan Sheridan from Sheridan Options Mentoring. They continue the discussion of Iron Butterflies, which began last week. If you have a hardcover version of the book, this is on page 106. They discuss: What is the difference between an iron condor versus an iron butterfly? Why are iron butterflies popular? Receiving a credit versus paying a debit. What about risk?...