Options Playbook Radio

Mark and Brian are back to answer listener questions. In particular:

  • Question from Taj Penaso - Hi, will there be options for bitcoin once the futures are traded?? or just the futures until there are tradeable ETFs available? Thanks.
  • #Options #QOTW - Now it's a party! #Bitcoin futures are live on both @CMEGroup & @CBOE. But everyone's asking us the $1M question - "When will we get #Bitcoin #Options?" So we thought we'd ask you - When will we be able to trade #options on these futures? 52% - Q1 2018, 19% - Q2 2018, 14% - Q3 2018, 5% - Q4 2018
  • Question from L Penguin - I have a question for the option playbook. I'm a new options trader and I want to buy a LEAP call bc it looks like the stock is going to go to up in the next 12 months, but I don't want to commit yet. I also want to generate income while I hold that position. What are your thoughts on selling the call while I have the leap? Also, this stock has an attractive dividend that I'd like to capture. Is this even possible? Interested in your thoughts, thanks!...I was thinking about buying a deep in the money call for the LEAP, and then depending on where the stock is trading at the time, sell closer to the money.
  • Question from VLL98 - What happens to my options if the company declares bankruptcy? Can I still exercise my calls and buy the stock at the strike price?

Do you have a question that you want answered on a future episode? Send them to Brian at theoptionsguy@invest.ally.com, or to the Options Insider at questions@theoptionsinsider.com.

Direct download: Options_Playbook_189_final.mp3
Category:financial podcast -- posted at: 10:25am CST

In this episode, we are looking at a covered call, but with a twist: a credit spread around stock you already own. You can find more on page 80 of The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.

Specifically:

  • FedEx announced earnings on 12/20, was up 3.5% after the announcement
  • It hit the all-time high on 12/20
  • What are the benefits of doing a credit spread instead of just a covered call?
  • Setting up the trade: picking expiration (and why that date)
  • Selecting strikes
  • What is the approach?
  • What is the risk?

Do you have a question that you want answered on a future episode? Send them to Brian at theoptionsguy@invest.ally.com, or to the Options Insider at questions@theoptionsinsider.com.

Direct download: OptionsPlaybookRadio188.mp3
Category:financial podcast -- posted at: 2:33pm CST

Mark and Brian are back to answer listener questions. In particular:

  • Question from Ariell - Why should I ever buy puts? I can use a stop order in the stock for free and then put that extra capital to work in my trading account. By my math using stops instead of puts can boost your account 5-10% per year. That’s a lot of cheese.
  • Question from The Financial Grynch - Do you REALLY reckon long options is profitable?
  • Question from Lonesome - Could you explain Theta and how it helps/hurts options traders? Should anyone ever buy OTM options?
  • Question from Tom Matt - What happened to minis? Are they ever coming back?

Do you have a question that you want answered on a future episode? Send them to Brian at theoptionsguy@invest.ally.com, or to the Options Insider at questions@theoptionsinsider.com.

Direct download: OptionsPlaybookRadio187.mp3
Category:financial podcast -- posted at: 1:22pm CST

In this episode, we revisit an old favorite: the skip-strike butterfly. You can find more on page 108 of The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.

Specifically:

  • Broadcomm announces earnings soon, and has been very volatile lately
  • Why a skip-strike butterfly?
  • What is the outlook?
  • Selecting strikes
  • What is the cost?
  • What about the maximum gain? Loss?

Do you have a question that you want answered on a future episode? Send them to Brian at theoptionsguy@invest.ally.com, or to the Options Insider at questions@theoptionsinsider.com.

Direct download: OptionsPlaybookRadio186.mp3
Category:financial podcast -- posted at: 12:57pm CST

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