Options Playbook Radio (financial podcast)

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_212_final.mp3
Category:financial podcast -- posted at: 2:12pm CDT

We looked at doing a long call spread last week, which was net positive theta time premium. This week we will be looking at indexes. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, or on the Amazon Kindle edition.

Specifically:

  • Indexes and volatility
  • Rolling out of SPY put flys into credit spreads
  • Trading it directionally
  • Setting up the trade
  • Selecting strikes
  • What do we want to happen?
  • What is the max risk? Reward?
  • To adjust or not to adjust?

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_210_final.mp3
Category:financial podcast -- posted at: 10:32am CDT

Mark and Brian are on location at the Options Industry Conference, the annual event that brings everyone in the options industry together. They discuss:

Specifically:

  • Launching new products to meet retail investor needs
  • Liquidity concerns
  • Exchanges fragmenting liquidity through extra strikes and expirations
  • What about price improvement?
  • Unlimited quoting
  • What did they learn at this year's event?

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: OptionsPlaybookRadio207.mp3
Category:financial podcast -- posted at: 1:42pm CDT

Welcome to Options Playbook Radio

On this episode we discuss:

  • A review of our earnings trade in NFLX
  • A complete breakdown of our new earnings skip-strike butterfly in GOOGL.
Direct download: Options_Playbook_205_final.mp3
Category:financial podcast -- posted at: 6:18pm CDT

Last week we talked about a Costco butterfly. Let's revisit what has happened since. You can find more on page 102 of The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.

Specifically:

  • A review of last week
  • Where is Costco trading now?
  • Setting up the trade
  • Why timing matters
  • Comparing this to an iron condor
  • Why timing matters, part two
  • More risk, more reward?
  • Selecting strikes
  • What is the desired outcome

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: OptionsPlaybookRadio199.mp3
Category:financial podcast -- posted at: 2:33pm CDT

Continuing with the idea of FAANG stock earnings, today we're looking at an AAPL protective put. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.

Specifically:

  • A review of last week
  • How do you protect yourself against a big move in AAPL after earnings?
  • Where is AAPL now?
  • What is the outlook?
  • Selecting a strike and expiration
  • What is the cost? Upside?
  • Meeting the "deductible"
  • What about a protective put spread?
  • What is the cost?
  • Why do it?
  • How do weeklys impact the ability to buy insurance around earnings?

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: OptionsPlaybookRadio194.mp3
Category:financial podcast -- posted at: 2:03pm CDT

In this episode, we are looking at a calendar trade around earnings in TSLA. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.

Specifically:

  • Where is TSLA trading as of this recording?
  • When are they expected to announce earnings?
  • Where is the at-the-money straddle right now?
  • Setting up a trade into earnings
  • Selecting a strike
  • The volatility caveat
  • What is the desired outcome?

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: OptionsPlaybookRadio193.mp3
Category:financial podcast -- posted at: 3:53pm CDT

In this episode, we are looking beyond the Options Playbook and are selling a put credit spread to pay for a long call. You can find more on p. 76 of The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.

Specifically:

  • Looking at Intuitive Surgical, Inc. (ISRG), which has been on a tear lately
  • Earnings pushed the stock even higher
  • Expensive underlying = expensive options
  • Taking a long view using LEAPS
  • Selecting strikes for the put spread
  • Buying the at-the-money call
  • How does the trade work?
  • What is the cost?
  • What is the risk?
  • How to close it out?
  • Alternatives to the trade as described

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: OptionsPlaybookRadio192.mp3
Category:financial podcast -- posted at: 3:28pm CDT

In this episode, we are looking beyond the Options Playbook and are using a long combination to create a synthetic stock and buy protection. You can find more on p. 76 of The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.

Specifically:

  • A review of last week's episode
  • What is a synthetic long stock?
  • Where is Facebook now?
  • How to create a synthetic long position
  • Adding a twist...using a put spread
  • Selecting expirations and strikes
  • What is the cost? 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: OptionsPlaybookRadio191.mp3
Category:financial podcast -- posted at: 2:55pm CDT

Welcome to 2018! Let's jump right into strategies, specifically around earnings. In this episode, we are looking at a long calendar spread with puts in FCX. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.

Specifically:

  • Why are we picking FCX?
  • When does FCX announce earnings?
  • What is the implied volatility?
  • Why are we expecting a major announcement?
  • Why pick a calendar around earnings?
  • Defining a calendar spread
  • Remember, if you do this, you're long implied volatility
  • Caveats and other considerations
  • Setting up the trade
  • What is the cost? Risk?
  • What do we want to happen?

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: OptionsPlaybookRadio190.mp3
Category:financial podcast -- posted at: 12:26pm CDT