Options Playbook Radio

It's earnings season again. As such, we're looking at an inverse skip-strike butterfly to capture some earnings move. You can find skip-strike butterflies with calls on page 108, and inverse skip-strike butterflies with calls on page 112 of The Options Playbook, on OptionsPlaybook.com, or on the Amazon Kindle edition.

In this episode, Brian covers:

  • A review of last week's AMZN butterfly
  • Lesson to learn: Time makes the trade cheaper
  • Determining strike prices
  • Making sure you do not get blown out
  • Looking at the implied volatility
  • How to use time premium
  • What is the net credit?
  • What is the maximum risk?
Direct download: Options_Playbook_156_final.mp3
Category:financial podcast -- posted at: 9:21am CDT

It's earnings season again. As such, we're looking at a skip-strike butterfly to capture some earnings move. You can find skip-strike butterfiles on page 108 of The Options Playbook, on OptionsPlaybook.com, or on the Amazon Kindle edition.

In this episode, Brian covers:

  • A review of last week's UAL butterfly
  • Lesson to learn: Don't try to hit a home run with a butterfly
  • Putting on a skip-strike butterfly with calls
  • Picking the expiration
  • Looking at the implied volatility
  • Picking strikes
  • What is the net credit?
  • What is the maximum risk?
Direct download: OptionsPlaybookRadio155.mp3
Category:financial podcast -- posted at: 3:01pm CDT

For the last few episodes, we explored backspreads in SNAP. This week we shift gears to another name that is highly volatile right now, United Air Lines. Let's explore a long butterfly spread with UAL calls.

In this episode:

  • A review of the SNAP backspreads
  • Volatility in UAL skyrockted
  • Why choose a butterfly spread?
  • Choosing a one-day trade
  • Selecting strikes
  • Setting up the trade
  • What is the cost?
  • What do we want to happen?
Direct download: OptionsPlaybookRadio154.mp3
Category:financial podcast -- posted at: 12:25pm CDT

SNAP's recent IPO has had the name in the news quite a bit these days, so let's take a look at SNAP backspread with puts, which is on page 84 (calls) and page 87 (puts) of The Options Playbook, on OptionsPlaybook.com, or on the Amazon Kindle edition.

In this episode, Brian reviews:

  • The SNAP backspread with calls from last time
  • What has SNAP done since last time?
  • Where are the SNAP options now?
  • What about implied volatility?
  • When will earnings be announced?
  • Taking a bearish view this week
  • Setting up the trade
  • What is the expected move on the May 19 contracts?
  • What is the cost?

Do you have questions that you would like answered on the show? Send them to Brian at theoptionsguy@tradeking.com.

Direct download: OptionsPlaybookRadio153.mp3
Category:financial podcast -- posted at: 9:29am CDT

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