Options Playbook Radio (financial podcast)

Options Playbook Radio 36: Long Calendar Spreads

In this episode, we’re talking about long calendar spreads, from the call side. If you have the Playbook, we’re on page 90. Or, you can find what we’re discussing on OptionsPlaybook.com.

Today, Brian discusses:

  • What is a calendar spread?
  • Looking at accelerated time decay, and why does it happen?
  • At-the-money strikes, and why they are used in calendar spreads
  • Front and back month
  • How to construct a calendar spread
  • Why do a calendar spread?
  • Time decay review, and how it impacts the value of your option
  • Maximum profit and loss
  • Time value review, and what happens when it goes away?
  • And more…
Direct download: OptionsPlaybookRadio36.mp3
Category:financial podcast -- posted at: 7:13pm CDT

Options Playbook Radio 35: Straddles and Strangles, Continued.

Options Playbook Radio 35: Straddles and Strangles, Continued.

Options Playbook Radio is back and today we are on pages 68 and 70. For those of you playing along online, you can find these topics at OptionsPlaybook.com.

Today Brian discusses:

  • What does the math say about Facebook earnings
  • Looking at the FB straddle
  • Why do investors use it?
  • How do weekly options impact it?
  • Quick and dirty formula on p. 17 of the book
  • What are volatility and probability telling us with the math?
  • Using a real-life example with FB 
  • Real world versus what is “supposed” to happen
  • And more…
Direct download: Options_Playbook_35__Straddles__Strangles_Cont.mp3
Category:financial podcast -- posted at: 11:10am CDT

Options Playbook Radio 34: Buying Straddles & Strangles

Welcome back to Options Playbook Radio. For those of you with the book, today we are on pages 48 and 52. You can also find this information on OptionsPlaybook.com.

Today Brian discusses:

  • A quick review of long spreads, including risk/reward
  • A quick homework assignment: review sessions 4 and 5
  • A generic example of a long straddle
  • A generic example of a long strangle
  • What does the math say 70% of the time?
  • And more

 

 

Direct download: OptionsPlaybook34.mp3
Category:financial podcast -- posted at: 1:54pm CDT

Options Playbook 33: Selling Spreads, Continued

For those of you playing the home game, today we are on pages 64 and66 . If you are following along online, you can access everything you need at OptionsPlaybook.com.

Today Brian discusses:

  • Overview of last week on timing and probability when selling spreads
  • If you need a volatility review, please refer to episode 4
  • Real-life example using AAPL
  • Impact of timeframes
  • Premium relative to probability of success (and what is success?)
  • And more...
Direct download: Options_Playbook_33__Selling_Spreads_Continued_.mp3
Category:financial podcast -- posted at: 6:37pm CDT

Options Playbook Radio 32: Selling Spreads

Welcome back to Options Playbook Radio! For those of you with the hardcover book, today we’re on pages 64 (short call spread) and 66 (short put spread). Or, you can find information on our discussion on OptionsPlaybook.com

Today Brian discusses:

  • They’re also known as bear call or bear put spreads
  • Using out-of-the-money options
  • Examples using calls
  • What is the maximum profit?
  • What is the maximum risk?
  • Probability of success
  • Don’t forget about commissions
  • Timeframe implications
  • And more

 

 

Direct download: OptionsPlaybook32.mp3
Category:financial podcast -- posted at: 11:41am CDT

Options Playbook Radio 31: Buying Spreads, Continued

For those of you with the book, today we’re on page 60. If you want to follow along online, please visit OptionsPlaybook.com.  http://www.optionsplaybook.com/,

Today Brian discusses:

  • How spread trading differs from single options trading
  • Avoiding paying premium to close out a position
  • A real world example using Intel
  • How do earnings impact options prices?
  • Time value and how you pay for it
  • And more…
Direct download: OptionsPlaybookRadio31.mp3
Category:financial podcast -- posted at: 4:43pm CDT

Options Playbook Radio 30: Long Spreads

For those of you with a copy of the Playbook, we’re on page 60. If you are following along on OptionsPlaybook.com, look for the Long Call/Put section.

Today, Brian discusses:

  • What does it mean to have a “long” spread?
  • Bull call spread, bear put spread.
  • Vertical spreads
  • What does it all mean?
  • Crafting a P/L graph without owning the stock
  • Risks and rewards are limited and known
  • Common misunderstandings

 

 

Direct download: OptionsPlaybookRadio30.mp3
Category:financial podcast -- posted at: 4:55pm CDT

Options Playbook Radio 29: Collar Strategy

We’re on page 54 of the hardback version of the Playbook, or find it on OptionsPlaybook.com

Today, Brian discusses:

  • How collars go hand-in-hand with protective puts
  • Timeframes, and their importance
  • What is a collar? How does it work? What’s the cost? What’s the upside? How far out in time should you go?
  • The impact of interest rates and dividends
  • And more

 

 

Direct download: OptionsPlaybookRadio29.mp3
Category:financial podcast -- posted at: 12:11pm CDT

Options Playbook Radio 28: Protective Puts

For those of you with a copy of the Playbook, we are on page 152, If you are looking at the Options Playbook website, just look for "Protective Puts" in the Strategy Tab 

Today Brian discusses:

  • Using a protective put when selling stock.
  • Risk taken on by writing a protective put.
  • What is a "married" put
  • How known events can affect the cost of writing a protective put.
  • Using an index option as protection for a portfolio of stocks. 
Direct download: Options_Playbook_28_final.mp3
Category:financial podcast -- posted at: 2:07pm CDT

Options Playbook Radio 27: Index Options

For those of you with a copy of the Playbook, we're on page 145 "So what is an index option anyhow?" If you are looking at the Options Playbook website, just look for "Index Options" in the Options Basics Tab 

Today Brian discusses:

  • American-style expiration vs. European-style expiration.
  • The very first listed index option.
  • S&P 500 Index and the DOW 30.
  • Capitalization weighted vs. Equal dollar weighted vs. Price weighted.
  • AM Settlement vs PM Settlement.
  • Broad-based vs. Narrow-based.
Direct download: Options_Playbook_27_final.mp3
Category:financial podcast -- posted at: 2:06pm CDT