Options Playbook Radio

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 CST

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 CST

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 CST

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 CST

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 CST

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 CST

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 CST

Options Playbook Radio 26: Early Exercise & Assignment

For those of you with a copy of the Playbook, we’re on page 140.  If you are looking at the Options Playbook website, just look for “What is Early Exercise and Assignment.”

Today Brian discusses:

  • A review of rolling option contracts
  • Why will you not necessarily be assigned on a contract that is in-the-money?
  • American-style options versus European-style options
  • Exercise versus assignment
  • Why don’t option buyers exercise instantly?
  • Don’t forget about time value
  • And more…
Direct download: Options_Playbook_Radio_26__Early_Exercise__Assignment.mp3
Category:financial podcast -- posted at: 6:47pm CST

Options Playbook Radio 25: How We Roll

We’re on page 134 in the book, or look for “How We Roll” in the Options Playbook website.

In this episode, Brian discusses:

  • Position management: what does it mean?
  • How the covered call rules apply
  • A deep dive with an example
  • Looking for an option that will cover the cost of rolling
  • And more...

 

 

 

 

Direct download: OptionsPlaybook25.mp3
Category:financial podcast -- posted at: 2:49pm CST

Options Playbook Radio 24: The Fig Leaf Strategy

In this episode, we’re on page 56 of the Playbook. Or, look for the fig leaf in the strategies tab online, or look for the plays in the Kindle version.

Today, Brian discusses:

  • Where did the name originate?
  • What is it? What is it NOT?
  • How is it composed?
  • Determining goals and finding appropriate options.
  • Key considerations and nuances
  • Max loss and max gain
  • How to avoid assignment, or rolling
  • And more

 

 

 

Direct download: OptionsPlaybookRadio24.mp3
Category:financial podcast -- posted at: 1:24pm CST