Options Playbook Radio

You can review volatility on page 14 of the Options Playbook. You can also find it online at OptionsPlaybook.com in the “basics” section.

Today, Brian discusses:


  • A review of looking at stocks near earnings, which creates volatility
  • What happens when the entire market is volatile?
  • How do you adjust your trading as a result of volatile markets?
  • Buying options
  • Spreading options
  • Butterflies
Direct download: OptionsPlaybookRadio75.mp3
Category:financial podcast -- posted at: 3:55pm CDT

In this episode, Brian takes on listener questions about:


  • Profit and loss calculators
  • Remember: slippage, commissions, and other variables
  • Calendar spreads
  • And more
Direct download: OptionsPlaybookRadio74.mp3
Category:financial podcast -- posted at: 5:00pm CDT

In this episode, we are going to look at how to insure a long USO position using backspreads with puts. If you have the hardcover version of the book, you can follow along on page 87. If you want to follow along online, you can do so at OptionsPlaybook.com.


In this episode, Brian discusses:

  • How the price of oil is reflected in USO
  • Where are things priced now?
  • How to ensure a USO stock position
  • How to tie backspreads to a stock position
  • This is AKA a pay-later put
  • How to set it up
  • What are we hoping will happen?
  • Potential gains and losses
  • Caveats and considerations
Direct download: OptionsPlaybookRadio73.mp3
Category:financial podcast -- posted at: 1:19pm CDT

In this episode Brian is discussing the fig leaf strategy for the oil sector. For those of you with the hardcover version of the book, this can be found on page 56. If you are following along online, it is always at OptionsPlaybook.com.


Today Brian discusses:

  • A review of the fig leaf strategy
  • Setting up an USO fig leaf
  • Using options to create a larger position instead of “double up to catch up”
  • Constructing the fig leaf
  • What will it cost?
  • What is the risk?
Direct download: OptionsPlaybookRadio72.mp3
Category:financial podcast -- posted at: 3:28pm CDT