Options 101: Today we feature guest host Russell Rhoads, author of Options Strategies for Advisors and Institutions.

He discusses:

• An overview of your background in the options markets?
• Why did he feel compelled to write this book?
• Which core options strategies he focuses on in the book?
• What about the collar: The "holy grail" of advisor option strategies?

Regarding the advisor audience. They are a somewhat odd blend of the retail and institutional audiences. That makes creating content for that audience a unique challenge.

• What are some of the responses he is hearing from advisors when he approaches them about options?
• Evolution of the advisor audience. Does he feel they are becoming more receptive to using options?

Office Hours: Listener questions and comments

• Question from Nellius: How did the recent Brexit market meltdown affect the Swan DRS?
• Question from Skiball: Where do you see the VIX going and how will it impact stock picking in this market?
• Question from Ignacio Reale: This is a very informative program. I would like to ask you to please explain the benefits and drawbacks of credit spreads and debit spreads. Why should I utilize one versus the other. My clients portfolios typically utilize retirement assets with the goals of capital appreciation and income. Your input would be most welcome.