Options Playbook Radio

Today, we are still discussing Christmas Tree Butterflies. For those of you with the hardcover version of the Options Playbook, you can find this on page 118. If you are following along online, it is all at OptionsPlaybook.com.

Today, Brian discusses:

  • Why are we talking about Christmas Tree Butterflies around earnings?
  • Using a real-world example with FB
  • The normal Christmas Tree Butterfly pattern
  • Customizing the Christmas Tree Butterfly to minimize risk
  • Maximum risk, maximum reward
  • What is the forecast on the underlying?
Direct download: OptionsPlaybookRadio71.mp3
Category:financial podcast -- posted at: 12:38pm CDT

In this episode, we are continuing our coverage of Christmas Tree Butterflies. For those of you with the hardcover version of the book, this is on pages 118 (calls) and 120 (puts). If you are following along online, you can find everything you need on OptionsPlaybook.com.

 

Today Brian discusses:

  • Back to earnings season equals good scenarios for butterflies
  • Why?
  • Creating a paper trade with Amazon, using puts
  • Setting up the trade
  • What strikes we are using
  • What will this cost?
  • Where do you want the stock to go?
  • Having realistic expectations
  • What is the upside?
  • And more
Direct download: OptionsPlaybookRadio70.mp3
Category:financial podcast -- posted at: 2:33pm CDT

In this episode, we are looking at the Christmas Tree Butterfly. If you are following along with the hard cover version of the book, it is on page 118 (calls) and page 120 (puts). If you are online, this information is always available on OptionsPlaybook.com.

 

Today Brian discusses:

  • What is a Christmas Tree Butterfly?
  • Setting it up
  • How does a Christmas Tree Butterfly differ from a standard butterfly?
  • Where is the sweet spot?
  • Why do a Christmas Tree Butterfly instead of a standard butterfly?
  • And more...
Direct download: OptionsPlaybookRadio69.mp3
Category:financial podcast -- posted at: 3:22pm CDT

In this episode, we are reviewing some of the paper trades discussed in the past few Iron Condor episodes. If you are following along with the hardcover book, we are on page 126. You can always find this on OptionsPlaybook.com.

 

Today, Brian discusses:

  • What was going on when we put on a short SPX paper trade last week?
  • A review of the set up and the cost
  • What do things look like now?
  • Are we up? Down? What about time decay? What about the VIX?
  • Should we roll?
  • Going back two weeks, reviewing the AAPL condor.
  • Moving forward with an AAPL roll
  • Adjust when you can, do not wait
  • What will it cost to roll? How to set it up?
Direct download: OptionsPlaybookRadio68.mp3
Category:financial podcast -- posted at: 6:36pm CDT

In this episode, we are continuing our coverage of Iron Condors. If you have the hardcover version of the book, this is available on page 126. If you are following along online, you can always find this on OptionsPlaybook.com.

 

Today Brian discusses:

  • A review from the previous episodes, including what happened in AAPL since last time
  • What do to now that AAPL has moved close to the bottom strike?
  • Setting up a short-term iron condor using an index
  • Beware of the holiday and volatility
  • Setting it all up
  • Things to consider
Direct download: OptionsPlaybookRadio67.mp3
Category:financial podcast -- posted at: 1:58pm CDT

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