Options Playbook Radio

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.

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.

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…

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...

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

Options Playbook Radio 23: Combining Cash-Secured Put Selling with Covered Call Writing For those of you with the hardback version of the Playbook, today we’re on pages 48 and 44, respectively. Brian discusses: A review of what makes for a decent covered call underlying How to approach a stock that you like What is dollar-cost averaging? What happens when your stock doesn’t go up? The dividend question How to carry on with this strategy And more…

Options Playbook Radio 22: Cash-Secured Puts For those of you playing the home game, we’re on page 48. Or, just look for cash-secured puts in the rookies section, or the plays section. This time, Brian covers: What it means to be cash-secured What it means to sell a put Scenarios with different stock prices Considerations and catches

Options Playbook Radio 21: Continuing with the Covered Call For those of you with the book, we’re on page 50, or on OptionsPlaybook.com, go to the strategies tab, and go to “Covered Calls.” This time, Brian covers: What criteria a stock needs to be a good candidate for a covered call If it looks too good to be true, it probably is Implied volatility Factors effecting premium And more…

Options Playbook 20: Covered Call Writing For those of you with the book, we’re on page 50. Or, you can find it on OptionsPlaybook.com in the “Rookies” tab and look for “Covered Calls Strategies.” Today Brian discusses: What are covered calls? (Sometimes called a buy / write) When to run a covered call. Strike price and expiration. Unwinding a covered call. Caveats, including right to dividends.

Options Playbook Radio 19: Listener Q/A, Part Three – Long Puts In this episode, Mark and Brian continue to take on listener questions. They discuss long puts: When would you use them? When can you not use them? Choosing money-ness What about volatility? Forecasting and risk

Options Playbook Radio 18: Listener Q/A Part 2 In this episode, Mark and Brian take on more listener questions, including: Put/call ratio What is it? What does it mean? What do Brian and Mark think about it? Call/put ratio in the VIX Selling a put instead of buying a stock Why does no one talk about this? Hidden risk or downside Gap risk

Options Playbook Radio 17: Listeners Ask about Open Interest In this episode, Mark and Brian take on listener questions. Open interest: What is it? How is it calculated? What’s the difference between open interest and volume? How does it affect pricing? How important is it?

Options Playbook 16: Buying LEAPS Calls as a Stock Substitute For those of you with the book, we’re on page 32. Or, you can find it on OptionsPlaybook.com in the “Rookies” tab and look for “Buying LEAPS Calls as a Stock Substitute.” Today Brian discusses: A review of buying calls, in-, at-, and out-of-the-money How LEAPS can be an alternative to buying a short-term, out-of-the-money call What are LEAPS? What impact does delta have on long-term options? Using a real IBM option as an example Caveats, including dividends and bid/ask spreads

Options Playbook Radio 15: Play #1 - The Long Call We are on page 40 of the hardcover version. Otherwise, look for “The Long Call Strategy” on the Kindle or online version. Today Brian discusses: How the long call strategy works. Basic examples of a long call. Time components and implied volatility. In the money vs. out of the money vs. at the money contracts

Options Playbook Radio 14: AAPL Stock Split We are on page 72 of the hardcover version. Otherwise, look for “the Long Strangle” on the Kindle or online version. Today Brian discusses: AAPL is splitting their stock 7-for-1 What does that mean? How does it work? Will it become a part of the Dow 30? AAPL 30-day implied volatitliy Employing the long strangle strategy What will happen to option contracts after the split

Options Playbook 13: Finishing the Greeks - Vega and Rho If you’re playing the home game, we’re on page 22 today. In this episode, Brian discusses: Vega tracks implied volatility Rho tracks interest rate changes When to expect changes in vega based on the life of the option Determining where your concerns should be How dividends are tied into Rho And more....

Options Playbook Radio 12: More Listener Questions In this episode, Mark and Brian take on more listener questions. They discuss: What does it mean to be short gamma? More about Brian

Options Playbook 11: Listener Questions, Part 1 In this episode Brian and Mark discuss: Trading off Greeks rather than price The difference between historical, implied, and realized volatility And more...

Options Playbook Radio 10: Meet the Greeks: Interrelatedness For those of you with the book, we're on page 18, or look for "Meet the Greeks." Today, Brian discusses: The interrelatedness of the Greeks The long straddle Volatility skew Looking at Delta first Analyzing Gamma Considering Theta And more…

Options Playbook Radio 9: Getting to Know Theta We’re looking at page 18 of the book, or check out OptionsPlaybook.com, and look for “Meet the Greeks.” This week, Brian discusses: Theta definition Movement of options in time, and how it impacts price When does decay accelerate? And more…

Options Playbook 8: Meet the Greeks, Part Three: Position Delta For those of you with the book at home, we’re looking at page 18, or “Meet the Greeks.” Do you have questions that you want to have answered on the Options Playbook next week, put your questions on Trade King’s Facebook page (https://www.facebook.com/tradeking) or send them to [email protected]. In this episode, Brian discusses: Gamma review Position delta definition Terms that go along with delta And more… Options involve risk. Please refer to tradeking.com/ODD to review additional risks involved with trading options.

Options Playbook Radio 7: Meet the Greeks, Part Two: Gamma We’re covering page 18 in the hardcover version of the book. It’s now available in Kindle, too! In this episode, Brian covers: Delta review Gamma introduction: a derivative of delta Nuances of gamma When is gamma the highest? Lowest? And more… Options involve risk. Please refer to tradeking.com/ODD to review additional risks involved with trading options.

Options Playbook Radio 6: Meet the Greeks Volume 1: Delta If you have the hardcover version of the book, we’re covering pages 18-20, Meet the Greeks. Brian discusses: Delta: the measurement of the theoretical movement of the price of an option relative to a one-unit move in the price of underling stock. The pace that delta moves as stock prices moves Probability and delta And more Options involve risk. Please refer to tradeking.com/ODD to review additional risks involved with trading options.

Options Playbook 5: Volatility and Probability, Continued For those of you playing the home game, we’re on pages 14-17 today. Or, for the online version, check out, “What Is Volatility?” In this episode, Brian continues the discussion of volatility and probability. In this episode, he covers different timeframes beyond one-year options. How does a one standard deviation move affect prices for short-term options (30, 60, and 90-day options)? There’s a formula for that! Options move at the square root of time. Options involve risk. Please refer to tradeking.com/ODD to review additional risks involved with trading options.

Options Playbook 4: Volatility & Probability Follow along at optionsplaybook.com, or go to page 14 of the book. Brian discusses: The definition of implied volatility Pricing models and assumptions How to determine implied volatility Non-directionality of implied volatility Impact of time on implied volatility Impact of events on the price of an option Options involve risk. Please refer to tradeking.com/ODD to review additional risks involved with trading options.

Options Playbook 3: Volatility, Part 1 Options prices are based partly on volatility. Brian discusses: Implied volatility The interconnectedness of probability and volatility Factors beyond price that help determine whether to trade an option Send your questions to [email protected] and maybe we will answer them on the air. Options involve risk. Please refer to tradeking.com/ODD to review additional risks involved with trading options.

In this episode, Options Insider Founder Mark Longo and TradeKing Senior Options Analyst Brian Overby explain how options are similar to home or auto insurance contracts. They also provide an overview of options pricing and define some basic options terms including: Premium Implied Volatility

In this inaugural episode Options Insider Founder Mark S. Longo is joined by TradeKing's Senior Options Analyst, and the author of the Options Playbook, Brian Overby. Brian and Mark discuss the origins of the Playbook and explain how this book can help you improve your understanding of options. They also tease some of the popular options plays listeners can look forward to in the coming episodes of The Options Playbook.