Tricks of the Trade: Today's guest co-hosts are Chris Hausman, Portfolio & Chief Technical Strategist, Swan Global Investments and David Beth, Co-founder, Wallacbeth Capital.

They discuss:

• Has the low yield fixed income environment of the last few years squeezed premium collection trades?
• How has the low volatility environment impacted premium harvesting strategies?
• What can advisors do to boost income in low volatility/low yield environments?
• Which strategies should they avoid/adjust in low volatility environments?

Options 101: The topic of this segment today comes to us courtesy of a listener question.

• Question from Andrew Seever: I would like to politely request an episode that covers trade adjustments. This is a challenging area particularly when a stock moves against you. I imagine your listeners would find it useful as well. Thank you for this informative program.

Adjustments are where the rubber meets the road from an options perspective:

• What are adjustments?
• Why have an adjustment strategy?
• When do you make the adjustment?

Office Hours: Listener questions and comments

• Comment from James Biggs: My hairdresser knows more than my financial planner. Terrifying! Your show made it hard for me to sleep at night. Thanks for that.
• Question from Alain Joubain: Please discuss this story on your Advisors Option radio program (http://www.newsweek.com/john-oliver-last-week-tonight-retirement-investing-469670). John Oliver really took it to financial advisors on his show this week. I have already got my official financial advisor certificate printed out and its hanging on my wall. But seriously I would like to hear your thoughts on his comments and his recommendations for financial planning.