Options Playbook Radio

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 happen?
  • Do you want to see a video of what was just discussed? Send Brian an email through Facebook, or go here.
Direct download: OptionsPlaybookRadio92.mp3
Category:financial podcast -- posted at: 2:27pm CDT

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
  • Don’t forget commissions!
  • What is the maximum reward? Risk?
  • Don’t manage risk, and you’ll get the stupid award
  • What do we want to happen?
  • What is the market saying?
  • So, what did happen?
  • And more
Direct download: OptionsPlaybookRadio91.mp3
Category:financial podcast -- posted at: 2:45pm CDT

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
Direct download: OptionsPlaybookRadio90.mp3
Category:financial podcast -- posted at: 12:44pm CDT

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
  • What about volatility?
  • Setting up the trade
  • What do we want to happen?
  • What is the biggest thing to worry about?
Direct download: OptionsPlaybookRadio89.mp3
Category:financial podcast -- posted at: 3:22pm CDT

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
Direct download: OptionsPlaybookRadio88.mp3
Category:financial podcast -- posted at: 12:45pm CDT

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?
Direct download: OptionsPlaybookRadio87.mp3
Category:financial podcast -- posted at: 3:03pm CDT

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
Direct download: OptionsPlaybookRadio86.mp3
Category:financial podcast -- posted at: 3:18pm CDT

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 downside? Upside?
  • How about a ratio spread?
  • And more
Direct download: OptionsPlaybookRadio85.mp3
Category:financial podcast -- posted at: 1:03pm CDT

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 within the IRA account
    • Depending on many factors, you will be assigned a level of options trading
    • Brokers can decide what strategies are available to you
Direct download: OptionsPlaybookRadio84.mp3
Category:financial podcast -- posted at: 12:29pm CDT

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?
  • What do we want to happen in AMZN?
  • What is the maximum reward? Risk?
  • How to use the proceeds of one leg to buy the other.
  • The good news and the bad news.
Direct download: OptionsPlaybookRadio83.mp3
Category:financial podcast -- posted at: 11:28am CDT