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Options Playbook Radio

Updated 2 days ago

Business
Investing
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Welcome to Options Playbook Radio - the program where we break down cutting edge options strategies and explain how you can incorporate them into your own portfolio. Whether you’re looking to grow your capital with some offensive maneuvers or protect your investments with defensive plays, you can find them all in the Options Playbook. Options involve risk. Please refer to https://www.ally.com/invest/disclosures to review additional risks involved with trading options.

Read more

Welcome to Options Playbook Radio - the program where we break down cutting edge options strategies and explain how you can incorporate them into your own portfolio. Whether you’re looking to grow your capital with some offensive maneuvers or protect your investments with defensive plays, you can find them all in the Options Playbook. Options involve risk. Please refer to https://www.ally.com/invest/disclosures to review additional risks involved with trading options.

iTunes Ratings

19 Ratings
Average Ratings
13
2
2
1
1

Great Podcast - Perfect Length 15- 20 min.

By Boat Log - Jan 15 2015
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If you want to learn about all the basics of option trading and the things to watch out for when trading any strategy - this is the podcast for you.

iTunes Ratings

19 Ratings
Average Ratings
13
2
2
1
1

Great Podcast - Perfect Length 15- 20 min.

By Boat Log - Jan 15 2015
Read more
If you want to learn about all the basics of option trading and the things to watch out for when trading any strategy - this is the podcast for you.

The Best Episodes of:

Cover image of Options Playbook Radio

Options Playbook Radio

Updated 2 days ago

Read more

Welcome to Options Playbook Radio - the program where we break down cutting edge options strategies and explain how you can incorporate them into your own portfolio. Whether you’re looking to grow your capital with some offensive maneuvers or protect your investments with defensive plays, you can find them all in the Options Playbook. Options involve risk. Please refer to https://www.ally.com/invest/disclosures to review additional risks involved with trading options.

Rank #1: Options Playbook Radio 205: GOOGL Skip Strike Butterfly

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Welcome to Options Playbook Radio

On this episode we discuss:

  • A review of our earnings trade in NFLX
  • A complete breakdown of our new earnings skip-strike butterfly in GOOGL.

Apr 19 2018

16mins

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Rank #2: Options Playbook Radio 106: Iron Condor around TSLA Earnings

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You can find information on iron condors in the Options Playbook on page 126. You can also always find all of this information on OptionsPlaybook.com. In this episode, Brian discusses

  • The AMZN iron condor from last week
  • General guidelines for earnings trades
  • A review of the GOOG trade from a few weeks ago
  • A deep look at TSLA
  • What is the ATM straddle for the nearest expiration?
  • Picking the strikes
  • Determining the over/under so you can stay away from that
  • What is the upside? Downside?
  • Understanding the odds. Remember that you CAN lose.
  • Rationale for the expiration date

May 05 2016

18mins

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Rank #3: OPR 274: Huddling Up About Risk-Free Credit Spreads, Young Trader Education and More

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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 theoptionsguy@invest.ally.com, or to the Options Insider at questions@theoptionsinsider.com.

Aug 22 2019

30mins

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Rank #4: Options Playbook Radio 64: Iron Condors

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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?

Jun 11 2015

12mins

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Rank #5: Options Playbook Radio 251: Huddling Up About Puts, Theta and Delta Skew

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Comment from Analog K71 - Hi Brian! I know that you are not making recommendations, but your diagonal spread on Pepsi was a perfect call! The short call expires almost perfectly with the underlying stock at 1.16, now my long calls are entirely risk free and possibly worth something! Just wanted to give you a tip of the hat! Thank you Question from Da Poet - What does it mean when an options is delta skewed? Question from Holscreen - Is it safe to say that a large amount of the options business is devoted to paying for puts? Question from Duffy - How do you handle the fixed-time aspect of trading options? Question from Stipe 3 - Is it safe to say that most professional option traders are short premium and long theta? Question from Merrick - Can I have a copy of the playbook? Also does Brian do any live events?

Mar 14 2019

24mins

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Rank #6: Options Playbook Radio 237: Time Bomb Butterfly in S&P 500

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When the market conditions are right, it can be a good time to trade a butterfly in the S&P 500. Now is the time. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.

Specifically:

  • Where is the S&P 500 index right now?
  • Buying a December 7 butterfly
  • Selecting strikes
  • What is the total risk?
  • What do we want to happen?
  • What's the maximum upside?
  • What is the market forecast?
  • What to do if the market moves against us?
  • Capital requirements
  • And more...

Do you have a question that you want answered on a future episode? Send them to Brian at theoptionsguy@invest.ally.com, or to the Options Insider at questions@theoptionsinsider.com.

Dec 06 2018

15mins

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Rank #7: Options Playbook Radio 65: Iron Condors, Continued

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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

Jun 18 2015

21mins

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Rank #8: Options Playbook Radio 66: Iron Condors, Continued

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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

Jun 25 2015

15mins

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Rank #9: Options Playbook Radio 57: Trading Diagonal Call Spreads around Earnings

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Options Playbook Radio 57: Trading Diagonal Call Spreads around Earnings

In this episode, Brian discusses trading around earnings, specifically using diagonal call spreads. You can find details on this at: tradeking.com/allstars

Brian discusses:

  • An example using Gilead
  • Sell a call before earnings, buy a call after earnings
  • Why is this called a diagonal?
  • What is the maximum risk?
  • Things to consider
  • And more…

Apr 23 2015

16mins

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Rank #10: Options Playbook Radio 92: Adjusting Positions

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In this episode, we are discussing how to adjust positions. You can find this information on page 104 of The Options Playbook.

Brian goes into more detail with:

  • How to adjust a put butterfly?
  • How was the butterfly set up on Monday?
  • What was the direction?
  • What was the concept of this strategy?
  • What has happened since the trade was put on?
  • How, and when, to make adjustments
  • What do we want to happen?
  • Do you want to see a video of what was just discussed? Send Brian an email through Facebook, or go here.

Dec 23 2015

17mins

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Rank #11: Options Playbook 4: Volatility & Probability

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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.

Mar 20 2014

17mins

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Rank #12: Options Playbook Radio 215: BA Long Call Spread

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Tariff turmoil is rocking the market and is beating up some stocks, including Boeing (BA). You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.

Specifically:

  • Implied volatility is spiking because of talk of tariffs
  • BA announces earnings on 7/25
  • Stock has fallen about 40 points over the last month
  • Putting on a long call spread
  • Selecting strikes and expirations
  • What is the total cost?
  • What do we want to happen?
  • What is the maximum risk? Reward?
  • Rolling and adjusting options

Do you have a question that you want answered on a future episode? Send them to Brian at theoptionsguy@invest.ally.com, or to the Options Insider at questions@theoptionsinsider.com.

Jun 28 2018

12mins

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Rank #13: Options Playbook Radio 80: Iron Butterflies, Continued

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In this episode, Brian is joined by Dan Sheridan from Sheridan Options Mentoring. They continue the discussion of Iron Butterflies, which began last week. If you have a hardcover version of the book, this is on page 106.

They discuss:

  • What is the difference between an iron condor versus an iron butterfly?
  • Why are iron butterflies popular?
  • Receiving a credit versus paying a debit.
  • What about risk?
  • Advantages of iron butterflies
  • Are iron butterflies better than other strategies?
  • What underlyings do people like to do iron butterflies on?
  • What about taxes and commissions?

Oct 02 2015

18mins

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Rank #14: Options Playbook Radio 79: Iron Butteflies

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Sep 24 2015

11mins

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Rank #15: Options Playbook Radio 55: Huddle Up for Listener Questions

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Options Playbook Radio 55: Huddle Up for Listener Questions.

Today, we’re covering listener questions. Brian and Mark discuss:

·         Which OTM call strike performs best when the underlying rallies?

·         This covers:

·         Timing

·         Volatility

·         Volatility skew

·         Alternatives

·         And more…

Apr 09 2015

18mins

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Rank #16: OPR 271: Your Q's on SPX FLIES, AMZN Ratios, Put Sweet Spots and More

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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 Theoptionsguy@invest.ally.com, or to questions@theoptionsinsider.com.

Aug 01 2019

30mins

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Rank #17: Options Playbook Readio 116: Long Call Spreads with a Twist

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We are back to strategies this week and are looking at long call spreads...with a twist. If you're following along at home, this is on page 60 of the Options Playbook, but you can always find it on OptionsPlaybook.com.

Jumping in:

  • AMZN is announcing earnings in two weeks, but we are looking to avoid those earnings
  • We're taking a traditional long call spread, and trying to make it time/premium positive
  • What does that mean?
  • What is the break-even?
  • Setting up the trade
  • What adjustment would we make to it?

Jul 14 2016

11mins

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Rank #18: Options Playbook Radio 242: Huddling Up About Expiration, Calls vs. Spreads and More

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Options Playbook Radio 242: Huddling Up About Expiration, Calls vs. Spreads and More

  • Host: Mark Longo, Founder and CEO - The Options Insider Media Group
  • Co-Host: Brian Overby, Senior Options Analyst - Ally Invest

In this episode Brian and Mark huddle up to answer the following questions:

  • QUESTION FROM Paul Vasquez: When is the “official” close as far as options expiration is concerned? I’ve had calls assigned and had stocks put to me when the strike was out of the money at market close but it moved in and out during after hours trading. Any light you can shed on how expirations work would be appreciated. Thanks Paul, Sacramento, CA

  • QUESTION FROM B0R1NG: When do you just buy a call vs a spread? Is that ever the preferable option?

  • QUESTION FROM COS7MNT: What’s the ideal time frame for trading options? Mostly short-term?

Jan 10 2019

20mins

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Rank #19: Options Playbook 3: Volatility, Part 1

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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 questions@theoptionsinsider.com 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.

Mar 13 2014

15mins

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Rank #20: Options Playbook Radio 81: Iron Butterflies, Continued

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Dan Sheridan is back with Brian, and today they are discussing how to set up an iron butterfly on the RUT. You can find this on page 106 of the Options Playbook, or on OptionsPlaybook.com.

They discuss:

  • Looking at a two-week iron butterfly in RUT
  • Where has RUT been for the last six months?
  • Setting things up, and why might width be different?
  • What is the risk?
  • Why do this in a volatile market?
  • How and why is this repeatable?
  • What is the plan?
  • And more

Oct 08 2015

28mins

Play