Options Playbook Radio

OPR 320: Boost Your Income with Holiday Covered Calls On this episode, Brian first checks in on last week's ratio butterfly trade in United Airlines Holdings. Then he talks about holiday covered calls in Apple. The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 319: Another Swing at the Bat with a Ratio Butterfly in UAL On this episode, Brian first checks in on his skip strike butterfly in United Airlines Holdings (UAL) from last week. Then he does a ratio butterfly in United Airlines Holdings (UAL). The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 318: Skip Strike Butterfly in UAL On this episode, Brian first checks in on his bearish trade in US Global Jets ETF (JETS) from last week. Then he does a skip strike butterfly in United Airlines Holdings (UAL). The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 317: Piling Onto Airline Downgrades With Jets Put Spreads On this episode, Brian first checks in on his airline doppelganger straddle in United Airlines (UAL) and Southwest Airlines (LUV) from two weeks ago. Then he does a bearish trade in US Global Jets ETF (JETS). The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 316: Huddling Up About Butterflies, Time Spreads, Straddles, Trading Floors and More On this episode, Mark and Brian huddle up to answer all of your questions. Mark and Brian discuss: Has the change in commission structure caused a bit change in the types of trades that Ally's clients are doing? Do we ever trade traditional butterflies or only skip strike butterflies? What is the right environment for a time spread? Preference to take off multi-leg trades like straddles and condors as a unit or by legging out of the individual components based on performance. What we think will happen to options when the trading floors come back. And much more… The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 315: Time to Try Out an Airline Doppelganger Straddle On this episode, Brian tries out an airline doppelganger straddle in United Airlines (UAL) and Southwest Airlines (LUV). The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 314: SPX Call Spread With A Twist On this episode, Brian reviews the successful skip strike butterfly in Google (Stock Symbol: GOOGL) trade from last week and then he looks at a long call spread in the S&P 500 Index. The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 313: Another Swing at the Bat in GOOGL On this episode, Brian explores using a skip strike butterfly in Google (Stock Symbol: GOOGL). The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 312: Huddling Up About Crude Oil, Straddles, Fig Leaves and More On this episode, Mark and Brian huddle up to answer all of your questions in this wild pandemic market. Mark and Brian discuss: How you manage short calls? Why you would leg in or sell options against the momentum? Do they think USO is going away? What gave them the aha moment in stocks? And much more…(including an appearance by Brian's son). The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 311: Playing FAANG Earnings With A Google Skip Strike Fly It's FAANG time! On this episode, Brian explores using a skip strike butterfly to make a post-earnings trade in Google (aka Alphabet). You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, and on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

OPR 310: Breaking down Crude Madness in USO, MRO and XOM On this episode, let's sell a cash secured put in Exxon Mobil (ticker symbol XOM). You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, and on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

OPR 309: Betting On Big Crude Movement With MRO Straddle On this episode, we are looking at a straddle in Marathon Oil Corporation (ticker symbol MRO). You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, and on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

On this episode, we are selling a put spread with the intention of buying the stock in Allstate Corporation (stock symbol ALL). You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, and on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

Today we are rebroadcasting an episode that was initially released on April 24, 2019. We are discussing a bearish trade on Tesla. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, and on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

OPR 306: LIVE PANDEMIC HUDDLE On this episode, Mark and Brian huddle up to answer all of your questions in this wild pandemic market. Mark and Brian discuss: Their thoughts (and yours) about current market valuation and volatility. When you should close ITM calls. Should you alter the structure of your iron condors? What happens to your options positions if the markets shut down? And much more... The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 305: A Safer Way To Get Long MSFT and Other Stocks On this episode, Brian explores a safer way to get long exposure to Microsoft (ticker: MSFT) and other stocks. The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 304: Covered Call vs. Cash-Secured Put Battle Royale On this episode, Brian reviews last week's successful $USO straddle trade. Then he discusses the debate of the century: selling puts vs. selling calls. The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 303: A Rare Pandemic Straddle in USO On this episode, Brian discusses a rare pandemic-inspired long straddle in USO. The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 302: FOMO SPY Bull Call SpreadOn this episode, Brian discusses a FOMO (Fear Of Missing Out) SPY long call spread for the short term. If you are out of the markets and scared to get back in, here is a trade that you might consider. The FOMO Free Financial Future digital conference from Ally Invest will be held on March 11, 2020. Learn more at https://www.ally.com/go/invest/fomofree/ The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 301: Using Credit Spreads to Pay For SPX FliesOn this episode, Brian breaks down how to use credit spreads in conjunction with long butterflies to create skip-strike flies in SPX. He also reviews the impact of the recent Corona Virus on the broad market and the VIX. The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 300th Episode SpectacularOn this episode, Mark and Brian celebrate an impressive milestone for OPR! Not many programs in any medium, let alone podcasts, survive for 300 episodes. What better way to celebrate this landmark achievement than by welcoming on the people who made it all possible...YOU! Topics discussed: Should the Fig Leaf really be The Speedo? What to do if a call trade goes against you? Why aren't options free to trade? What does Brian think about bitcoin options? What portion of your portfolio should you REALLY allocate toward hedging? And much more... The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

OPR 299: Going Diagonal Around Lowe's Earnings On this episode, Brian explores one way to trade a diagonal call spread ahead of Lowe's earnings announcement (ticker: $LOW). The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

OPR 298: Let's Sell Some SPY Call Spreads On this episode, Brian discusses selling a call spread in the S&P index. The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

OPR 297: Disney Pandemic Woes Plus Amazon Earnings Butterfly On this episode, Brian explores how the Coronavirus concerns impacted his Disney Iron Condor trade from last week. Then he explores a potential earnings butterfly trade on Amazon. The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

OPR 296: Soaring Into Disney Iron Condors On this episode, Brian reviews his tasty McDonalds butterfly trade from last week then soars into a new iron condor on Disney. The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

OPR 295: Delicious McDonalds Butterflies On this episode, Brian breaks down some delicious butterfly spreads in McDonalds. The Options Playbook is available on www.OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

OPR 294: Kicking Off A New Decade With Apple Backspreads On this episode, Brian kicks off the decade with an options trade in everyone's favorite stock - Apple!. The Options Playbook is available on www.OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

OPR 293: NEW YEARS HUDDLE EXTRAVAGANZA Welcome to your New Years Huddle Extravaganza where Brian and Mark huddle up to answer your questions about: The return of short volatility / VIX products Does govt. info leak into the options market? Why do we call it premium? And more... The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

Welcome to your Holiday Huddle Palooza where Brian and Mark answer your questions about: Asking more questions. How time decay really works. Fading market skew. And more... The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

OPR 291: ROKU Straddles and SPY Pay-Later Puts On this episode we review the blockbuster performance of our ROKU trades and also examine SPY pay-later puts. You can learn more about this strategy in The Options Playbook. The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

OPR 290: A Charlie Brown Christmas Tree Butterfly Today we will start by reviewing last week's long straddle in ROKU. Then we are doing a Charlie Brown Christmas tree butterfly strategy. You can learn more about this strategy on page 118 of The Options Playbook. The Options Playbook is available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

Today we will do a rinse and repeat for another long straddle in ROKU. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

OPR 288: THANKSGIVING HUDDLE PALOOZA On today's episode, Brian and Mark huddle up to answer your listener questions about: Adding more OPR episodes every week When to sell high call skew? When to trade ratio spreads? Should you ever be short units? How did Brian conceive of the Time Iron Butterfly strategy? and much more... You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 287: Facebook Pay Later Puts On today's episode, we explore ways to pay later for Facebook put options. We also explore some end-of-year strategies including backward collars and covered calls. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 286: Time for a DIS Fig Leaf Trade On today's episode, we look back at the performance of last week's ROKU straddle trade. Then we celebrate the launch of Disney Plus with a fig leaf trade (or leveraged covered call) in DIS. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 285: Slinging High Noon Straddles On ROKU Today we kick things up a notch with "High Noon" straddles on perennial high-flyer ROKU. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

OPR 284: BA Review Plus Getting Bullish In SPYToday we look back on the performance of our Boeing trade and then explore ways to get bullish in SPY using long calls. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

OPR 283: Taking Flight Again With BA Iron Time Flies Today we will return to the well for another round of fun Iron Time Butterflies in Boeing. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

OPR 282: Join the Streaming Wars With Roku Iron Butterflies Today we will explore trading iron butterflies in Roku...but with a time twist. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

OPR 281: Trading Volatility With SPX Butterflies Today we will explore trading volatility using butterflies in SPX. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, or on the Amazon Kindle edition. Do you have a question that you want answered on a future episode? Send them to Brian at [email protected], or to the Options Insider at [email protected].

OPR 280: Lay Down Until The Urge Passes On today's episode, we answer your listener questions about strange calendar strategies, short-term options trading, after-hours options trading and more. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 279: Going Big Without Going Home in RokuOn today's episode, Brian explores a long straddle trade in Roku. However, to offset any volatility fears, he also adds a nearer-term short strangle against his long straddle position - effectively creating a time Iron Butterfly position. Do you have a question that you want answered on a future episode or a strategy that you'd like Brian to examine? Send it to Brian at [email protected], or to the Options Insider at [email protected].

On today's episode, we are answering your listener questions about trade adjustments, new versions of the playbook and the proper way to structure iron condors. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 277: SPY Collars With A KickerOn today's episode, Brian is joined by Mark Longo to explore different ways to pay for protection in the popular SPY ETF. Are you sitting on gains in your portfolio or are you just concerned about a market downturn? Then this is the episode for you. Do you have a question that you want answered on a future episode? Send it to Brian at the [email protected], or to the Options Insider at [email protected].

On today's episode, we are answering your listener questions about reverse calendars, funky diagonals and much more. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 275: APPLYING OUR BOEING STRADDLE STRATEGY TO GE Why limit ourselves to Boeing straddles when we can apply that same strategy to other volatile stocks including General Electric? We break down that approach on this episode of Options Playbook Radio. Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 274: Huddling Up About Risk-Free Credit Spreads, Young Trader Education and More On this episode, Brian and Mark huddle up to answer your questions about: QUESTION Erik Norstedt: Just listened to the OPR 272 episode and had a question. When you say you want to "Do the entire trade at the midpoint for even" - what exactly do you mean? Thanks. QUESTION FROM Welch Kwong: Huge fan of your weekly podcast. I've asked a question before and you guys were extremely helpful with your response and expertise. I have another question wondering if you can help. Let's say the infamous underlying XYZ is at $50 on a Monday, and I sell a 60/65 Call Spread @ 1.00 exp Friday (5 days). I get 1.00 credit and my risk is 4.00 potential max loss per spread. If I continue to roll position out for a credit, rolling up I dont think really matters for this question, but with enough rolling and credits to add up to 5.00, would that mean that the trade overall was at zero risk (not taking into account commissions)?? QUESTION FROM Bob Randall: Brian, I have a 12 year old niece with a very bright mathematical mind that I am trying to get into options. I'm looking for either beginning games or age appropriate books or videos to teach her about options. I also have two editions of the Playbook and thought I might reach out to you for any suggestions. RELATED QUESTION FROM STEVEN PATEL: Do I need to be a math whiz to understand this options stuff? QUESTION FROM CHARLIEC: Quick Q for the show - What's the weirdest thing you've seen in the options market? Do you have a question that you want answered on a future episode? Send it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 273: TRADING CATASTROPHE PUTS IN APPLE On this episode, we'll use our Playbook knowledge to protect against a catastrophe in Apple (ticker: AAPL) using puts. 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 it to Brian at [email protected], or to the Options Insider at [email protected].

OPR 272: HITCHING A BEARISH RIDE ON UBER On this episode, we will expand our playbook with a new strategy - selling a call spread to pay for an out of the money put in Uber (ticker: UBER). You can call it a bearish risk reversal with a call kicker to protect against extreme upside moves. 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 [email protected], or to the Options Insider at [email protected].

OPR 271: Your Q's on SPX FLIES, AMZN Ratios, Put Sweet Spots and More It's time for Mark and Brian to answer your burning questions about: SPX Butterflies AMZN Ratio Spreads What is the Sweet Spot When Buying Puts? And Much More... You can find more in The Options Playbook, which is available on www.OptionsPlaybook.com as well as in the Amazon Kindle store. Do you have a question that you want answered on a future episode? Send it to [email protected], or to [email protected].