Today we are trading covered calls in Apple. 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 theoptionsguy@invest.ally.com , or to the Options Insider at questions@theoptionsinsider.com ....
May 16, 2019•14 min
Today we are using the S&P 500 to sell some at the money option premium. 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 theoptionsguy@invest.ally.com , or to the Options Insider at questions@theoptionsinsider.com ....
May 09, 2019•14 min
Today we are discussing a skip strike butterfly in Amazon. 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 theoptionsguy@invest.ally.com , or to the Options Insider at questions@theoptionsinsider.com ....
May 06, 2019•17 min
Today 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 theoptionsguy@invest.ally.com , or to the Options Insider at questions@theoptionsinsider.com ....
Apr 24, 2019•18 min•Ep. 257
Today we are discussing a fig leaf or leveraged covered call in CSX after earnings. 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 theoptionsguy@invest.ally.com , or to the Options Insider at questions@theoptionsinsider.com ....
Apr 18, 2019•18 min
With it being in the news a lot lately, let's take a look at a diagonal call spread in Boeing before their earnings reported on April 24. 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 theoptionsguy@invest.ally.com , or to the Options Insider at questions@theoptionsinsider.com ....
Apr 11, 2019•15 min
THE HUDDLE Question from Harold Dsouza - Hi Brian. Let me start off by saying I am a big fan of your options playbook radio podcasts. I think you are an excellent teacher. I have been meaning to reach out to you for a long time now. I am 41 yrs old and have been very intrigued by the stock market since I was a kid. I have also had an innate fear of losing my hard earned money which has kept me away from venturing into the market all these years. I have finally overcome my fear and have decided t...
Apr 04, 2019•28 min
Let's take a look at our Nexstar fig leaf trade from last week. Then let's discuss an out of the money long call spread on Boeing. 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 theoptionsguy@invest.ally.com , or to the Options Insider at questions@theoptionsinsider.com ....
Mar 28, 2019•14 min
On today's episode, we use a figure leaf or leveraged covered call in Nexstar Media (NXST). 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 theoptionsguy@invest.ally.com , or to the Options Insider at questions@theoptionsinsider.com ....
Mar 21, 2019•23 min
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 i...
Mar 14, 2019•25 min
Mar 07, 2019•15 min
First we look at recent trades in Pepsi and Nvidia. Then on today's episode, we use a diagonal spread in Costco. 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 theoptionsguy@invest.ally.com , or to the Options Insider at questions@theoptionsinsider.com ....
Feb 28, 2019•17 min
THE HUDDLE Comment from Georgi - Hi Brian, Thanks a lot for taking the time and elaborate on my question about OTM Calls, on Jan 17 on Options Playbook Radio! You guys are doing a great job! I have been listening to you for a while and I am very pleased with the content and the way you present it. I enjoyed how you tried to pronounce my Yahoo nickname "joro joro ". My name, in fact, it is Georgi or George in English. Cheers,Georgi G. Question from Dave B. - Hi, I have a question about what is th...
Feb 21, 2019•24 min
We start the show by reviewing the performance of our Pepsico Earnings diagonal spread from last show. This week we breakdown a bullish Christmas Tree Butterfly in NVDA going into earnings. With NVDA at $152.88 Brian wants to buy 1 Feb15 165 Call, Sell 3 Feb15 167.50 Calls and then Buy 2 Feb15 170 Calls for a net credit of $.20
Feb 14, 2019•15 min
Today Brian breaks down a diagonal spread around PepsiCo (PEP) earnings. Tune in to learn how you can implement a similar strategy into your own options trading. As always, if you have any questions or suggestions for future episodes of Options Playbook Radio please send them to TheOptionsGuy@AllyInvest.com
Feb 07, 2019•16 min
Today we will be using a skip strike butterfly in Amazon. 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 theoptionsguy@invest.ally.com , or to the Options Insider at questions@theoptionsinsider.com ....
Jan 31, 2019•15 min
TESLA SKIP STRIKE CALL FLY Host: Brian Overby, Senior Options Analyst - AKA The Options Guy - at Ally Invest If you like to trade volatile stocks then TSLA has you covered. Today we're going to trade a Skip Strike Call Butterfly using Tesla options. This is an advanced play so make sure you've reviewed the Options Playbook before proceeding. 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 y...
Jan 24, 2019•20 min•Ep. 244
Options Playbook Radio 243: Huddling Up About Premium Harvesting and Covered Calls Today Mark and Brian answer questions about How to safely harvest premium in a volatile environment by selling puts What criteria should you evaluate when constructing a covered call portfolio?
Jan 17, 2019•18 min•Ep. 243
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 mo...
Jan 10, 2019•20 min•Ep. 242
Huddle up, listeners! We're taking your questions, including: The options question of the week: What is the largest open options position in AAPL right now? Given the skew set up in equities, why would you ever buy a collar? Why are there no options on VXAPL? Will we ever have a VIX index product that you can actually buy/sell? 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@theoptions...
Jan 03, 2019•20 min
Huddle up, listeners! We're taking your questions, including: I've been lured in by the ongoing selloff in crude and have been thinking about a stock replacement in USO. Should I even bother? Is there a price where it's no longer worth it? What about timing? And more.... Does Ally allow people to close short positions below 10 cents without a fee? Are there any types of trades that, without brokerage fees, would be great trades? Do you have a question that you want answered on a future episode? ...
Dec 27, 2018•23 min
Now that the Fed has spoken, the market is reacting. This is a good opportunity for a front spread. You can find more in The Options Playbook , which is always available on OptionsPlaybook.com , in on the Amazon Kindle edition. Specifically: The Fed has spoken What's a front spread? Using AAPL as an example Where is APPL now? Selecting strikes Selecting an expiration date Max risk and max gain Do you have a question that you want answered on a future episode? Send them to Brian at theoptionsguy@...
Dec 20, 2018•16 min
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: As of this recording, the VIX is higher than last week, but down a bit on the day A review of last week Where is the market now? Let's do another 20-point wide butterfly Selecting strikes What does it cost? What's the maximum gain? What abo...
Dec 13, 2018•15 min
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? ...
Dec 06, 2018•15 min
How can stock investors use options? You've come to the right place. You can find more in The Options Playbook , which is always available on OptionsPlaybook.com , in on the Amazon Kindle edition. Specifically: A review of the AAPL collar from two weeks ago What about capital gains? Remember we had a small credit Where are we now? What about additional risk? What's an alternative? Using an example with FB Using a FB option as a surrogate for stock Setting up the trade Selecting expiration and st...
Nov 29, 2018•22 min
Huddle up, traders! For your listening pleasure, Mark and Brian answer your burning options trading questions, including: Question from Barry Brown - Good morning. Have the show archives been withdrawn or are they still available? Question: If we put on a poor man's covered call position and the price moves up the short call, when do you recommend rolling, etc? Thank you. Your stuff is great. Really enjoy all you efforts. Thank you. Question from Douglas Tilley - Hello! Regarding long stock subs...
Nov 21, 2018•28 min
It's always a good idea to review basics. Today we're looking a covered calls, and it's cousin, collars. You can find more in The Options Playbook , which is always available on OptionsPlaybook.com , in on the Amazon Kindle edition. Specifically: Lots a bad news around Apple What to do approaching the new year? Thinking about capital gains, taking losses What is the scenario? What will selling a covered call do? What is the risk? Reward? What would a collar look like? What would it cost? Risk an...
Nov 15, 2018•15 min
HD is announcing earnings soon. Let's look at how to set up a straddle to cap risk. You can find more in The Options Playbook , which is always available on OptionsPlaybook.com , in on the Amazon Kindle edition. Specifically: What's happened since last week? What did we learn from the NVDA backspread from last time? What happened to the one without earnings? What happened to the one that contained earnings? Let's take a look at Home Depot Earnings are coming up Setting up the trade We know the m...
Nov 08, 2018•15 min
Nvidia is announcing earnings soon. Can we expect a dead cat bounce on the stock? You can find more in The Options Playbook , which is always available on OptionsPlaybook.com , in on the Amazon Kindle edition. Specifically: What has NVDA been up to lately? NVDA has an earnings announcement on 11/15 Selecting expiration dates Where is implied volatility for the expirations? What are our expectations for IV? Putting on a backspread with calls Setting up the trade What is the risk? What do we want ...
Nov 01, 2018•21 min
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? ...
Oct 25, 2018•20 min