Options Playbook Radio

In this episode, we are continuing our coverage of Christmas Tree Butterflies. For those of you with the hardcover version of the book, this is on pages 118 (calls) and 120 (puts). If you are following along online, you can find everything you need on OptionsPlaybook.com.

 

Today Brian discusses:

  • Back to earnings season equals good scenarios for butterflies
  • Why?
  • Creating a paper trade with Amazon, using puts
  • Setting up the trade
  • What strikes we are using
  • What will this cost?
  • Where do you want the stock to go?
  • Having realistic expectations
  • What is the upside?
  • And more
Direct download: OptionsPlaybookRadio70.mp3
Category:financial podcast -- posted at: 2:33pm CDT

In this episode, we are looking at the Christmas Tree Butterfly. If you are following along with the hard cover version of the book, it is on page 118 (calls) and page 120 (puts). If you are online, this information is always available on OptionsPlaybook.com.

 

Today Brian discusses:

  • What is a Christmas Tree Butterfly?
  • Setting it up
  • How does a Christmas Tree Butterfly differ from a standard butterfly?
  • Where is the sweet spot?
  • Why do a Christmas Tree Butterfly instead of a standard butterfly?
  • And more...
Direct download: OptionsPlaybookRadio69.mp3
Category:financial podcast -- posted at: 3:22pm CDT

In this episode, we are reviewing some of the paper trades discussed in the past few Iron Condor episodes. If you are following along with the hardcover book, we are on page 126. You can always find this on OptionsPlaybook.com.

 

Today, Brian discusses:

  • What was going on when we put on a short SPX paper trade last week?
  • A review of the set up and the cost
  • What do things look like now?
  • Are we up? Down? What about time decay? What about the VIX?
  • Should we roll?
  • Going back two weeks, reviewing the AAPL condor.
  • Moving forward with an AAPL roll
  • Adjust when you can, do not wait
  • What will it cost to roll? How to set it up?
Direct download: OptionsPlaybookRadio68.mp3
Category:financial podcast -- posted at: 6:36pm CDT

In this episode, we are continuing our coverage of Iron Condors. If you have the hardcover version of the book, this is available on page 126. If you are following along online, you can always find this on OptionsPlaybook.com.

 

Today Brian discusses:

  • A review from the previous episodes, including what happened in AAPL since last time
  • What do to now that AAPL has moved close to the bottom strike?
  • Setting up a short-term iron condor using an index
  • Beware of the holiday and volatility
  • Setting it all up
  • Things to consider
Direct download: OptionsPlaybookRadio67.mp3
Category:financial podcast -- posted at: 1:58pm CDT

This week we are continuing our discussion of iron condors. For those of you playing the home game, you can find this information on page 126. If you're following along online, all of this information is always at OptionsPlaybook.com.

 

Today Brian discusses:

  • A review of last time, which discussed indexes
  • Looking at an iron condor on AAPL, going out 23 days
  • What about earnings? Dividends?
  • Quick and dirty formula for probability
  • How does the math play out?
  • Brian assembles an iron condor on AAPL
  • What's the maximum risk? Reward?
  • Getting out before expiration
  • Caveats
  • And more
Direct download: OptionsPlaybookRadio66.mp3
Category:financial podcast -- posted at: 11:12am CDT

In this episode, Brian is talking about iron condors. If you have the hardcover version of the Options Playbook, you can find this information on page 126. If you are following along online, all of this information is always available at OptionsPlaybook.com.

 

Today, Brian discusses:

  • How iron condors differ from regular condors
  • Looking at iron condors with index options
  • Why iron condors work well with index options
  • Looking at an example with the S&P 500 Index
Direct download: OptionsPlaybookRadio65.mp3
Category:financial podcast -- posted at: 4:58pm CDT

In this episode, we are discussing iron condors. For those of you with the hardcover version of the book, you can find this information on page 126. If you want to follow along online, it is all on OptionsPlaybook.com.

 

Today Brian discusses:

  • The set-up of an iron condor
  • Why is it called a condor?
  • What is an iron condor?
  • What is the next risk?
  • What is the potential reward?
  • When to get out?
  • What do you want to happen?
Direct download: OptionsPlaybookRadio64.mp3
Category:financial podcast -- posted at: 2:40pm CDT

Over the last few weeks, we have been talking about butterflies, and last week, we covered inverse skip strike butterfly. This week, we are hitting that, but with calls. You can find this on page 112 of The Options Playbook, or look for it on OptionsPlaybook.com

 

Today Brian discusses:

  • A review of last time, which was centered on DECK earnings
  • Looking at an inverse skip strike butterflies with calls
  • What is the outlook?
  • What is the expected move?
  • What is the risk? Reward?
Direct download: OptionsPlaybookRadio63.mp3
Category:financial podcast -- posted at: 2:34pm CDT

In this episode, we're discussing the inverse of skip strike butterflies. This can be found on pages 112 and 115 of the hardback version of the book, or you can always go to OptionsPlaybook.com.

Today, Brian discusses:

  • When you would want to use an inverse skip strike butterfly
  • A live example using Deckers Outdoor
  • What might happen to the underlying, and how to structure a position around it?
  • What is the risk?
  • What is the reward potential?
  • And more
Direct download: OptionsPlaybookRadio62.mp3
Category:financial podcast -- posted at: 1:22pm CDT

Options Playbook Radio 61: The Golden Rule

In this episode, we are taking on more listener questions, including:

  • In- versus out-of-the-money golden rules
  • The top 10 mistakes made by options traders
  • Ways to offset decay
  • Getting what you pay for
  • Volatility
  • Moneyness and time value

 

 

Direct download: OptionsPlaybookRadio61.mp3
Category:financial podcast -- posted at: 2:52pm CDT