Options Playbook Radio

As earnings season winds down, we are looking at strategies before, during, and after announcements. Last week, we did a skip-strike butterfly in GOOGL. Let's follow up on how that went. 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 skip-strike butterfly
• What has happened to GOOGL since then?
• BKNG (formerly Priceline) is about to announce earnings
• Setting up the trade
• Selecting strikes, expiration
• What is the cost?
• What do we want to happen?
• Why a butterfly versus a skip strike butterfly?
• And more...

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].

We are in the heart of earnings season, and next week a lot of the FANG stocks will announce. Two weeks ago, we did a diagonal spread in GOOGL. Let's follow up on how that went, and look at a skip-strike butterfly, as well. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.

Specifically:

• How was the diagonal spread set up?
• What happened to GOOGL since the paper trade was established?
• What are we doing now?
• Setting up the skip strike butterfly
• Selecting strikes and expiration date
• What is the cost?
• Remember implied volatilities!
• What happens if we are wrong? Right?
• And more...

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].

Huddle up, listeners. It's time for listener questions. If you have questions about anyoptions plays, you can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.

Specifically:

• How do you like to trade options during earnings season? Do you hold a position through an announcement?
• How do you determine a strategy or direction? How to select strikes and expiration?
• What the brokers versus the regulators have to say about defined risk trades

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].

We are in the heart of earnings season, and next week a lot of the FANG stocks will announce. Let's take a look at a diagonal spread in GOOGL. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.

Specifically:

• Why a diagonal spread?
• What is a diagonal spread?
• Setting up a trade
• GOOGL announces earnigns on 7/23
• Selecting the strikes and expirations
• What do we want to happen? What do we want to avoid?
• What is the risk? Reward?
• Remember margin!

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].

We are back into earnings season. Let's take a look at a skip-strike butterfly in NFLX. 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 Boeing calendar spread from last time
• What happened since the paper trade was put on?
• Looking ahead to NFLX earnings
• Where is NFLX now?
• What is the expected move?
• What happens if we are wrong?
• What is the maximum return? Reward?

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].

Today we are bringing you the best of Options Playbook Radio.

Originally posted December 28th, 2017

Mark and Brian are back to answer listener questions. In particular:

• Question from Taj Penaso - Hi, will there be options for bitcoin once the futures are traded?? or just the futures until there are tradeable ETFs available? Thanks.
• #Options #QOTW - Now it's a party! #Bitcoin futures are live on both @CMEGroup & @CBOE. But everyone's asking us the $1M question - "When will we get #Bitcoin #Options?" So we thought we'd ask you - When will we be able to trade #options on these futures? 52% - Q1 2018, 19% - Q2 2018, 14% - Q3 2018, 5% - Q4 2018
• Question from L Penguin - I have a question for the option playbook. I'm a new options trader and I want to buy a LEAP call bc it looks like the stock is going to go to up in the next 12 months, but I don't want to commit yet. I also want to generate income while I hold that position. What are your thoughts on selling the call while I have the leap? Also, this stock has an attractive dividend that I'd like to capture. Is this even possible? Interested in your thoughts, thanks!...I was thinking about buying a deep in the money call for the LEAP, and then depending on where the stock is trading at the time, sell closer to the money.
• Question from VLL98 - What happens to my options if the company declares bankruptcy? Can I still exercise my calls and buy the stock at the strike price?

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].

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 [email protected], or to the Options Insider at [email protected].

News out of Canada regarding the legalization of marijuana has impacted volatility of medical marijuana stocks. This is an interesting opportunity to get back to basics, including a covered call and a cash-secured put. 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 last week
• How did the trade work out?
• Legal pot in Canada? That impacts IV for CGC
• What is our outlook?
• Setting up the trade
• 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].

This week we will look at a long butterfly with calls. You can find more on page 102 in The Options Playbook, which is always available on OptionsPlaybook.com, or on the Amazon Kindle edition.

Specifically:

• A review from last week (diagonal spread with calls)
• Staying in FedEx
• Earnings! June 19'
• Setting up the trade
• Selecting strikes, expiration
• What is the maximum risk? Reward?
• What do we want to happen?
• And more...

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].

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].