Options Playbook Radio 231: Up- and Downside Butterflies in GOOGL and AMZN
Options Playbook Radio · The Options Insider Radio Network
October 25, 201820m 17s
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Show Notes
Being in the heart of FAANG earnings season, let's look at GOOGL and AMZN. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.
Specifically:
- What is happening in the markets right now?
- What about GOOGL and AMZN, specifically?
- What are the expected moves?
- What is our strategy?
- We're looking for positive theta, but negative vega
- Let's look at a GOOGL skip-strike butterfly
- Selecting strikes and expiration
- What is the cost? Maximum risk? Remember margin!
- Remember the risk of gap-up or gap-down
- What do we want to happen?
- What about AMZN?
- What is the expected move?
- Selecting strikes and expiration
- What is the maximum risk? Reward?
- What do we want to happen?
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].