Options Playbook Radio

OPR 320:  Boost Your Income with Holiday Covered Calls On this episode, Brian first checks in on last week's ratio butterfly trade in United Airlines Holdings.  Then he talks about holiday covered calls in Apple. T he Options Playbook  is available on  OptionsPlaybook.com , or on the  Amazon Kindle  edition.   Do you have a question that you want answered on a future episode? Send it to Brian at ...

OPR 319: Another Swing at the Bat with a Ratio Butterfly in UAL On this episode, Brian first checks in on his skip strike butterfly in United Airlines Holdings (UAL) from last week. Then he does a ratio butterfly in United Airlines Holdings (UAL). T he Options Playbook  is available on  OptionsPlaybook.com , or on the  Amazon Kindle  edition.   Do you have a question that you want answered on a fu...

OPR 318: Skip Strike Butterfly in UAL On this episode, Brian first checks in on his bearish trade in US Global Jets ETF (JETS) from last week. Then he does a skip strike butterfly in United Airlines Holdings (UAL). T he Options Playbook  is available on  OptionsPlaybook.com , or on the  Amazon Kindle  edition.   Do you have a question that you want answered on a future episode? Send it to Brian at...

OPR 317: Piling Onto Airline Downgrades With Jets Put Spreads On this episode, Brian first checks in on his airline doppelganger straddle in United Airlines (UAL) and Southwest Airlines (LUV) from two weeks ago. Then he does a bearish trade in US Global Jets ETF (JETS). T he Options Playbook  is available on  OptionsPlaybook.com , or on the  Amazon Kindle  edition.   Do you have a question that yo...

OPR 316: Huddling Up About Butterflies, Time Spreads, Straddles, Trading Floors and More On this episode, Mark and Brian huddle up to answer all of your questions. Mark and Brian discuss: Has the change in commission structure caused a bit change in the types of trades that Ally's clients are doing? Do we ever trade traditional butterflies or only skip strike butterflies? What is the right environ...

OPR 315: Time to Try Out an Airline Doppelganger Straddle On this episode, Brian tries out an airline doppelganger straddle in United Airlines (UAL) and Southwest Airlines (LUV). T he Options Playbook  is available on  OptionsPlaybook.com , or on the  Amazon Kindle  edition.   Do you have a question that you want answered on a future episode? Send it to Brian at  TheOptionsGuy@Invest. Ally. Com ,...

OPR 314: SPX Call Spread With A Twist On this episode, Brian reviews the successful skip strike butterfly in Google (Stock Symbol: GOOGL) trade from last week and then he looks at a long call spread in the S&P 500 Index. T he Options Playbook  is available on  OptionsPlaybook.com , or on the  Amazon Kindle  edition.   Do you have a question that you want answered on a future episode? Send it to Br...

OPR 313: Another Swing at the Bat in GOOGL On this episode, Brian explores using a skip strike butterfly in Google (Stock Symbol: GOOGL).  T he Options Playbook  is available on  OptionsPlaybook.com , or on the  Amazon Kindle  edition.   Do you have a question that you want answered on a future episode? Send it to Brian at  TheOptionsGuy@Invest. Ally. Com , or to the Options Insider at  Questions@...

OPR 312: Huddling Up About Crude Oil, Straddles, Fig Leaves and More On this episode, Mark and Brian huddle up to answer all of your questions in this wild pandemic market. Mark and Brian discuss: How you manage short calls? Why you would leg in or sell options against the momentum? Do they think USO is going away? What gave them the aha moment in stocks? And much more…(including an appearance by...

OPR 311: Playing FAANG Earnings With A Google Skip Strike Fly It's FAANG time! On this episode, Brian explores using a skip strike butterfly to make a post-earnings trade in Google (aka Alphabet). You can find more in The Options Playbook, which is always available on OptionsPlaybook.com , and on the Amazon Kindle edition.  Do you have a question that you want answered on a future episode? Send th...

OPR 310: Breaking down Crude Madness in USO, MRO and XOM On this episode, let's sell a cash secured put in Exxon Mobil (ticker symbol XOM).  You can find more in The Options Playbook, which is always available on OptionsPlaybook.com , and on the Amazon Kindle edition.  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...

OPR 309: Betting On Big Crude Movement With MRO Straddle On this episode, we are looking at a straddle in Marathon Oil Corporation (ticker symbol MRO).  You can find more in The Options Playbook, which is always available on OptionsPlaybook.com , and on the Amazon Kindle edition.  Do you have a question that you want answered on a future episode? Send them to Brian at theoptionsguy@invest.ally.com...

On this episode, we are selling a put spread with the intention of buying the stock in Allstate Corporation (stock symbol ALL).  You can find more in The Options Playbook, which is always available on OptionsPlaybook.com , and on the Amazon Kindle edition.  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 Insi...

Today we are rebroadcasting an episode that was initially released on April 24, 2019.  We are discussing a bearish trade on Tesla.  You can find more in The Options Playbook, which is always available on OptionsPlaybook.com , and on the Amazon Kindle edition.  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 I...

OPR 306: LIVE PANDEMIC HUDDLE On this episode, Mark and Brian huddle up to answer all of your questions in this wild pandemic market. Mark and Brian discuss: Their thoughts (and yours) about current market valuation and volatility. When you should close ITM calls. Should you alter the structure of your iron condors? What happens to your options positions if the markets shut down? And much more......

OPR 305: A Safer Way To Get Long MSFT and Other Stocks  On this episode, Brian explores a safer way to get long exposure to Microsoft (ticker: MSFT) and other stocks.  T he Options Playbook  is available on  OptionsPlaybook.com , or on the  Amazon Kindle  edition.   Do you have a question that you want answered on a future episode? Send it to Brian at TheOptionsGuy@Invest. Ally. Com , or to the Op...

OPR 304: Covered Call vs. Cash-Secured Put Battle Royale On this episode, Brian reviews last week's successful $USO straddle trade.  Then he discusses the debate of the century:  selling puts vs. selling calls. T he Options Playbook  is available on  OptionsPlaybook.com , or on the  Amazon Kindle  edition.   Do you have a question that you want answered on a future episode? Send it to Brian at The...

OPR 303: A Rare Pandemic Straddle in USO On this episode, Brian discusses a rare pandemic-inspired long straddle in USO. The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition.  Do you have a question that you want answered on a future episode? Send it to Brian at TheOptionsGuy@Invest. Ally. Com, or to the Options Insider at Questions@TheOptionsInsider.com. 

OPR 302: FOMO SPY Bull Call Spread On this episode, Brian discusses a FOMO (Fear Of Missing Out) SPY long call spread for the short term. If you are out of the markets and scared to get back in, here is a trade that you might consider. The FOMO Free Financial Future digital conference from Ally Invest will be held on March 11, 2020. Learn more at https://www.ally.com/go/invest/fomofree/ T he Optio...

OPR 301: Using Credit Spreads to Pay For SPX Flies On this episode, Brian breaks down how to use credit spreads in conjunction with long butterflies to create skip-strike flies in SPX.  He also reviews the impact of the recent Corona Virus on the broad market and the VIX.  T he Options Playbook  is available on  OptionsPlaybook.com , or on the  Amazon Kindle  edition.   Do you have a question that...

OPR 300th Episode Spectacular On this episode, Mark and Brian celebrate an impressive milestone for OPR! Not many programs in any medium, let alone podcasts, survive for 300 episodes. What better way to celebrate this landmark achievement than by welcoming on the people who made it all possible...YOU! Topics discussed: Should the Fig Leaf really be The Speedo? What to do if a call trade goes again...

OPR 299: Going Diagonal Around Lowe's Earnings  On this episode, Brian explores one way to trade a diagonal call spread ahead of Lowe's earnings announcement (ticker: $LOW).  T he Options Playbook  is available on  OptionsPlaybook.com , or on the  Amazon Kindle edition.   Do you have a question that you want answered on a future episode? Send them to Brian at  theoptionsguy@invest.ally.com , or to...

OPR 298: Let's Sell Some SPY Call Spreads On this episode, Brian discusses selling a call spread in the S&P index. T he Options Playbook  is available on  OptionsPlaybook.com , or on the  Amazon Kindle  edition.  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 . 

OPR 297: Disney Pandemic Woes Plus Amazon Earnings Butterfly On this episode, Brian explores how the Coronavirus concerns impacted his Disney Iron Condor trade from last week. Then he explores a potential earnings butterfly trade on Amazon.  The Options Playbook is available on OptionsPlaybook.com , or on the Amazon Kindle edition.  Do you have a question that you want answered on a future episode...

OPR 296: Soaring Into Disney Iron Condors On this episode, Brian reviews his tasty McDonalds butterfly trade from last week then soars into a new iron condor on Disney.  The Options Playbook is available on OptionsPlaybook.com , or on the Amazon Kindle edition.  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 Option...