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Options Playbook Radio

Welcome to Options Playbook Radio - the program where we break down cutting edge options strategies and explain how you can incorporate them into your own portfolio.

May 4, 2017

Last week we looked at an inverse, skip-strike butterfly on AAPL before earnings (page 112). Today, we will explore a FB iron condor (page 126). This is always available on, or on the Amazon Kindle edition.

In this episode, Brian covers:

  • A review of last week
  • What are the benefits and risks of the skip-strike butterfly?
  • What has happened since we put the trade on?
  • What should you have done?
  • What is going on with FB?
  • Setting up the trade
  • What is the expected move after earnings?
  • Selecting the expriation
  • Selecting the strikes
  • What is the maximum risk? Reward?
  • What is the ideal scenario?

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