Options Playbook Radio

Today, we will explore back spread with calls in AMD (page 84). This is always available on OptionsPlaybook.com, or on the Amazon Kindle edition.

In this episode, Brian covers:

  • What are the benefits and risks of the back spread with calls?
  • What has happened since we put the trade on?
  • Setting up the trade.
  • What is the maximum risk? Reward?
  • What is the ideal scenario?
Direct download: Options_Playbook_159_final.mp3
Category:financial podcast -- posted at: 7:22am CST

It's all listener questions in this special edition of Options Playbook Radio.

  • Question from JDog - I just got an options pitch that says that options buyer lose money on 7 out of every 10 trades. Is that true?
  • Question from Alan Shepard - Why would I ever buy an option when 90% of them expire worthless?
  • Question from Lesnod - How do you get out of the straddles? One side of a straddle is always a loss correct?
  • Question from Bob - Concerning options: I have been told to take an ATM call and put, add them together and that is the expected move. Is that correct?

If you have questions for Brian, send them to theoptionsguy@ally.com.

Direct download: OptionsPlaybookRadio158-2.mp3
Category:financial podcast -- posted at: 11:14am CST

It's all listener questions in this episode of Options Playbook Radio. Do you have questions that you would like answered on the show? Send them to Brian at theoptionsguy@tradeking.com.

  • Question from JLaws: My dad is coming over to the dark side slowly but surely/ He is thinking about dipping his toes in the options pool. What product do you recommend for an options newcomer making his first trade?
  • Question from Sharkcake: I have been approved to trade options by my Brokerage but I have yet to execute my first trade. What trade do you recommend?
  • Question from Meats: Would you describe successful options trading as primarily singles and doubles or more swing-for-the-fences home runs?
  • Question from Mary: What is the shortest expiry available for plain vanilla options?
Direct download: OptionsPlaybookRadio158.mp3
Category:financial podcast -- posted at: 12:54pm CST

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 OptionsPlaybook.com, 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?

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

Direct download: OptionsPlaybookRadio157.mp3
Category:financial podcast -- posted at: 1:52pm CST

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