Options Playbook Radio (general)

THE HUDDLE

Comment from Georgi - Hi Brian, Thanks a lot for taking the time and elaborate on my question about OTM Calls, on Jan 17 on Options Playbook Radio! You guys are doing a great job! I have been listening to you for a while and I am very pleased with the content and the way you present it. I enjoyed how you tried to pronounce my Yahoo nickname "joro joro ". My name, in fact, it is Georgi or George in English. Cheers,Georgi G.

Question from Dave B. - Hi, I have a question about what is the best strategy to use for my trading system. I typically am only right on about three or four trades out of every 10 with long stock. The trades that I am wrong on, I take a small loss - somewhere between 5 to 10% but only 1-2% of the total capital as I typically take 10% positions. The trades that I am right on, I typically make 50% up to 200% over a 3 to 12 month period. I want to find an options strategy to increase returns via leverage, but keep total portfolio risk per trade about the same. Would DITM calls or spreads make sense to you?  Or is there another strategy I could (should) consider. Thank you! Dave B.

Question from T Whitaker - I like all of Brian’s earnings strategy episodes of options playbook. It seems like Brian prefers to use skip strike butterflies whenever trading around earnings. But are there ever times when he will utilize other strategies around earnings - maybe straight long/short calls or puts when he feels there is an edge? Good show and loving the playbook website as an addendum.

Question from Leg77 - MIAX making it official with 16 exchanges. What do you guys think about more players entering the options game?

Question from LaCrute2 - Funded my Ally options account and I’m enjoying the options playbook program. Thinking about picking up the book as well. We need to have Brian and Mark do a regular show for the Ally options folks that we can listen to while we’re trading.

Direct download: Options_Playbook_248_final.mp3
Category:general -- posted at: 8:27am CST

We start the show by reviewing the performance of our Pepsico Earnings diagonal spread from last show. This week we breakdown a bullish Christmas Tree Butterfly in NVDA going into earnings. With NVDA at $152.88 Brian wants to buy 1 Feb15 165 Call, Sell 3 Feb15 167.50 Calls and then Buy 2 Feb15 170 Calls for a net credit of $.20
Direct download: Options_Playbook_247_final.mp3
Category:general -- posted at: 10:21am CST

Today Brian breaks down a diagonal spread around PepsiCo (PEP) earnings. Tune in to learn how you can implement a similar strategy into your own options trading.  As always, if you have any questions or suggestions for future episodes of Options Playbook Radio please send them to TheOptionsGuy@AllyInvest.com
Direct download: Options_Playbook_246_final.mp3
Category:general -- posted at: 9:35am CST

Today we will be using a skip strike butterfly in Amazon.  You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition. 
 
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_245_final.mp3
Category:general -- posted at: 10:23am CST

Huddle up, listeners! We're taking your questions, including:

  • The options question of the week: What is the largest open options position in AAPL right now?
  • Given the skew set up in equities, why would you ever buy a collar?
  • Why are there no options on VXAPL?
  • Will we ever have a VIX index product that you can actually buy/sell?

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: OptionsPlaybookRadio241.mp3
Category:general -- posted at: 9:00am CST

Huddle up, listeners! We're taking your questions, including:

  • I've been lured in by the ongoing selloff in crude and have been thinking about a stock replacement in USO. Should I even bother? Is there a price where it's no longer worth it? What about timing? And more....
  • Does Ally allow people to close short positions below 10 cents without a fee?
  • Are there any types of trades that, without brokerage fees, would be great trades?

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: OptionsPlaybookRadio240.mp3
Category:general -- posted at: 11:11am CST

Now that the Fed has spoken, the market is reacting. This is a good opportunity for a front spread. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.

Specifically:

  • The Fed has spoken
  • What's a front spread?
  • Using AAPL as an example
  • Where is APPL now?
  • Selecting strikes
  • Selecting an expiration date
  • Max risk and max gain

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: OptionsPlaybookRadio239.mp3
Category:general -- posted at: 11:50am CST

When the market conditions are right, it can be a good time to trade a butterfly in the S&P 500. Now is the time. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.

Specifically:

  • As of this recording, the VIX is higher than last week, but down a bit on the day
  • A review of last week
  • Where is the market now?
  • Let's do another 20-point wide butterfly
  • Selecting strikes
  • What does it cost?
  • What's the maximum gain?
  • What about the hedge?
  • And more...

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: OptionsPlaybookRadio238.mp3
Category:general -- posted at: 12:14pm CST

When the market conditions are right, it can be a good time to trade a butterfly in the S&P 500. Now is the time. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.

Specifically:

  • Where is the S&P 500 index right now?
  • Buying a December 7 butterfly
  • Selecting strikes
  • What is the total risk?
  • What do we want to happen?
  • What's the maximum upside?
  • What is the market forecast?
  • What to do if the market moves against us?
  • Capital requirements
  • And more...

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: OptionsPlaybookRadio237.mp3
Category:general -- posted at: 1:39pm CST

How can stock investors use options? You've come to the right place. 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 the AAPL collar from two weeks ago
  • What about capital gains?
  • Remember we had a small credit
  • Where are we now?
  • What about additional risk?
  • What's an alternative? Using an example with FB
  • Using a FB option as a surrogate for stock
  • Setting up the trade
  • Selecting expiration and strike
  • Remember, one option for every 100 shares of stock

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: OptionsPlaybookRadio236.mp3
Category:general -- posted at: 2:09pm CST