Options Playbook Radio
Episodes
Options Playbook Radio 461: Escape the UNH Trap
28 Jan 2026
Contributed by Lukas
Tired of trying to find UNH cheese and just want out of the trap? In this episode, we break down a front spread, also known as a call ratio spread, bu...
Options Playbook Radio 460: Slinging 0DTE Butterflies in SPX
11 Nov 2025
Contributed by Lukas
HOST: Brian Overby, Options Playbook Here is a Monday trade and a Friday expiration trade. Open-Wing Butterfly in SPX with either 0DTE (Nov 10) or ...
Options Playbook Radio 459: Amazon Earnings: The Open Wing Butterfly
31 Oct 2025
Contributed by Lukas
HOST: Brian Overby, Options Playbook Radio The OPR strategy today is an Open-Wing Butterfly Spread on AMZN ahead of the company's earnings announcemen...
Options Playbook Radio 458: Slinging VIX Butterflies
02 Oct 2025
Contributed by Lukas
Brian's latest actionable trade idea...a VIX butterfly! Trade Breakdown Butterfly spread entry with 1 buy and 2 sell orders VIX 22 OCT 25 AM opti...
Options Playbook Radio 457: How to Play the All-Time Highs in Gold Using GLD Options
16 Sep 2025
Contributed by Lukas
On this episode Brian breaks down a GLD Butterfly: GLD SPDR Gold Trust: $338.75 (up 3.09%), GLD Long Open-Wing Butterfly: Debit Mid $3.00 Leg 1: Buy ...
Options Playbook Radio 456: A Great NVDA Options Play
27 Aug 2025
Contributed by Lukas
Brian Overby is back with a great NVDA options play.
Options Playbook Radio 455: Is it Time for an SPX Butterfly?
09 Sep 2024
Contributed by Lukas
On this episode, Brian talks about an SPX butterfly trade.
Options Playbook Radio 454: It's Time for a VIX Butterfly
30 Aug 2024
Contributed by Lukas
We are pleased to welcome back Brian Overby and his popular Options Playbook Radio program. On this episode, Brian talks about his VIX modified butt...
OPR 453: Live From OIC 2024
15 May 2024
Contributed by Lukas
The Options Guy - aka Brian Overby - joins Mark in the Southern Studio at OIC 2024 to discuss: Skip strike butterfly adjustments Skip strikes vs. Fig...
Options Playbook Radio 453: The Return of Options Playbook Radio
02 Jan 2024
Contributed by Lukas
We are pleased to welcome back Brian Overby and his popular Options Playbook Radio program. On this episode, Mark and Brian answer your listener que...
Options Playbook Radio 452: Let's Get Speculative on Oil
28 Feb 2023
Contributed by Lukas
For this week's trade, Brian gets speculative with the United States Oil ETF (Ticker: USO). The Options Playbook is available at OptionsPlaybook.c...
Options Playbook Radio 451: Huddling Up About 0 DTE Trading in AAPL and META
21 Feb 2023
Contributed by Lukas
On this rare live Huddle episode, Mark and Brian answer your pressing questions about: 0 DTE trading in Apple and Meta The mysterious Super Bowl in...
Options Playbook Radio 450: Booking A Long Call Spread
14 Feb 2023
Contributed by Lukas
Brian begins this episode by looking at last's weeks trade which was a long call in SNAP. For this week's trade, he looks at a long call spread in Boo...
OPR 449: A Momentum Trade in SNAP Using Call Options
07 Feb 2023
Contributed by Lukas
Brian begins this episode by looking at last's weeks trade which was a Christmas tree butterfly in Apple (Ticker: AAPL). For this week's trade, he loo...
OPR 448: Time for a Christmas Tree Butterfly in AAPL
02 Feb 2023
Contributed by Lukas
For this week's trade, Brian looks at a Christmas tree butterfly in Apple (Ticker: AAPL). The Options Playbook is available at OptionsPlaybook.com, ...
OPR 447: Huddling Up About 0 DTE Gamma Bombs
25 Jan 2023
Contributed by Lukas
Brian and Mark huddle up to answer your options questions, including: Is it worth it to sell puts in 0 DTE options Why aren't there same day options ...
OPR 446: Fighting The FOMO in the Airlines
19 Jan 2023
Contributed by Lukas
Brian begins this episode by looking at last's weeks trade which was an iron condor in Delta Airlines (Ticker: DAL). For this week's trade, he does a ...
OPR 445: Flying Away with an Iron Condor
12 Jan 2023
Contributed by Lukas
Brian begins this episode by looking at last's weeks trade which was a SPX put butterfly trade. For this week's trade, he looks at an iron condor in D...
OPR 444: Trading An SPX Put Butterfly
04 Jan 2023
Contributed by Lukas
Brian begins this first episode of the new year by discussing the markets. Then he looks at a SPX put butterfly trade. The Options Playbook is availa...
OPR Top 10 2022 Holiday Special
29 Dec 2022
Contributed by Lukas
On this year-end show, Mark looks at the top Options Playbook Radio episodes of 2022. The Options Playbook is available at OptionsPlaybook.com, or o...
OPR 443: Huddling Up About 0 DTE, Difficult Puts, Strategies Of The Year And More
21 Dec 2022
Contributed by Lukas
Brian and Mark huddle up to answer your options questions, including: Your most used options strategy in 2022 Favorite strategy to use with 0 DTE SPX...
OPR 442: The Fed is Over So Let's Get Bullish in SPX
15 Dec 2022
Contributed by Lukas
On today's show, Brian reviews last week's trade of using options for year-end maintenance on your portfolio with a covered call in Amazon (Ticker: AM...
OPR 441: Year-End Portfolio Adjustments
08 Dec 2022
Contributed by Lukas
On today's show, Brian reviews last week's FOMO fig leaf trade in Walt Disney Company (Ticker: DIS). Then he discusses using options for year-end main...
OPR 440: Looking For The Magic In Disney
30 Nov 2022
Contributed by Lukas
On today's show, Brian does a FOMO fig leaf trade in Walt Disney Company (Ticker: DIS). The Options Playbook is available at OptionsPlaybook.com, or...
OPR 439: Huddling Up and Swimming Naked
25 Nov 2022
Contributed by Lukas
On this episode, Brian and Mark Huddle Up to answer your questions about: "Daily" options trading What does Brian see on the horizon for the market?...
OPR 438: Iron Condor Season In SPY
17 Nov 2022
Contributed by Lukas
Brian begins the show by discussing last week's trade in which he sold a little vol premium in the VIX index (Ticker: VIX). For this week's trade, he ...
OPR 437: Let's Do A Short Term Trade on the VIX
10 Nov 2022
Contributed by Lukas
Brian begins the show by discussing last week's trade which was a long put spread in IWM (iShares Russell 2000 ETF). For this week's trade, he is sell...
OPR 436: Time for a Protective Put in IWM
02 Nov 2022
Contributed by Lukas
Brian begins the show discussing his bearish ratio butterfly trade last week in Amazon (Ticker: AMZN). Afterwards, he talks about doing a long put spr...
OPR 435: Time For a Ratio Butterfly In Amazon
26 Oct 2022
Contributed by Lukas
Brian begins the show discussing his bottom fishing trade last week in A&T (Ticker: T). Afterwards, he does a bearish ratio butterfly in Amazon (Ticke...
OPR 434: Bottomfishing in AT&T
20 Oct 2022
Contributed by Lukas
With the markets rocking and rolling, Brian begins the show making a neat adjustment the trade from last week which was a bullish call spread in the U...
OPR 433: Looking For A Dead Cat Bounce With A Bullish Call Spread In The USO
13 Oct 2022
Contributed by Lukas
On this episode, Brian is looking for a dead cat bounce with a bullish call spread in the USO (United States Oil Fund). The Options Playbook is avail...
OPR 432: Huddling Up on Credit Spreads, Butterflies, Hurricanes and Much More
06 Oct 2022
Contributed by Lukas
On this episode, Mark and Brian "huddle up" to answer your questions about: Credit Spreads Butterflies Trading as a Side Hustle Playing Hurricanes Us...
OPR 431: Let's Get Long an SPX Call Spread
29 Sep 2022
Contributed by Lukas
On this episode, Brian first looks at a short call spread in Netflix (Ticker: NFLX) that he discussed on last week's episode. For this week's option...
OPR 430: Reviewing META Drama & Collecting Decay in NFLX
22 Sep 2022
Contributed by Lukas
On this episode, Brian first looks at last week's options strategy as he did a long put spread in META (aka Facebook). For this week's options trade, ...
OPR 429: Rinse & Repeat with a Long Put Spread in META
14 Sep 2022
Contributed by Lukas
On this episode, Brian first looks at last week's options strategy as he got a little bearish in the marketplace with a put butterfly in SPX. For this...
Options Playbook Radio 428: Let's Get Bearish On SPX
07 Sep 2022
Contributed by Lukas
On this episode, Brian first looks at last week's options strategy in which he did a covered call trade in Amazon (Ticker: AMZN). For this week's opti...
Options Playbook Radio 427: Time for Covered Calls in Amazon
31 Aug 2022
Contributed by Lukas
On this episode, Brian first looks at last week's options trade in which he did an adjustment to a butterfly spread in the SPX. For this week's option...
Options Playbook Radio 426: Time for a Butterfly in SPX
24 Aug 2022
Contributed by Lukas
On this episode, Brian first looks at last week's options trade in which he sold a put option in Freeport McMoRan (Ticker: FCX). For this week's optio...
Options Playbook Radio 425: Bottom Fishing in FCX
18 Aug 2022
Contributed by Lukas
On this episode, Brian first looks at last week's speculative short put spread in Occidental Petroleum Corporation (Ticker: OXY). For this week, Brian...
Options Playbook Radio 424: Let's Do A Short Put Spread in OXY
10 Aug 2022
Contributed by Lukas
On this episode, Brian first looks at last week's speculative short put spread in Coninbase (Ticker: COIN). For this week, Brian does a speculative sh...
Options Playbook Radio 423: Time For A Short Put Spread In COIN
04 Aug 2022
Contributed by Lukas
On this episode, Brian first looks at last week's butterfly trade in Amazon (Ticker: AMZN). For this week, Brian does a speculative short put spread...
Options Playbook Radio 422: Time for a Butterfly in Amazon
28 Jul 2022
Contributed by Lukas
On this episode, Brian first reviews last week's trade where he did a FOMO (Fear Of Missing Out) trade in Google. For this week's trade, Brian does a ...
Options Playbook Radio 421: It's Time For A FOMO Trade in Google
20 Jul 2022
Contributed by Lukas
On this episode, Brian first reviews last week's trade which was a long call spread in Google (aka Alphabet - Ticker: GOOGL). For this week's trade, B...
Options Playbook Radio 420: Planning Options Around the Google Stock Split
13 Jul 2022
Contributed by Lukas
On this episode, Brian explains what will happen to options after the Google (aka Alphabet - Ticker: GOOGL) stock split. The Options Playbook is av...
OPR 419: Holiday Huddle Palooza
06 Jul 2022
Contributed by Lukas
On this July 4th holiday episode Brian and Mark Huddle Up to answer your questions about: Where to sell puts in SPX right now? stock substitution vs....
Options Playbook Radio 418: Bottom Fishing in AMZN with a Cash-Secured Put
29 Jun 2022
Contributed by Lukas
On this episode, Brian first talks about last week's trade which was a long put spread in American Entertainment Holdings (Ticker: AMC). For this we...
Options Playbook Radio 417: Fading the Memes with an AMC Put Spread
22 Jun 2022
Contributed by Lukas
On this episode, Brian first talks about last week's trade which was a bearish butterfly in SPX. For this week's trade, Brian looks at a long put sp...
Options Playbook Radio 416: A Bearish Butterfly in SPX
16 Jun 2022
Contributed by Lukas
On this episode, Brian first talks about last week's trade which was selling a cash secured put spread in Ollie's Bargain Outlet Holdings Inc. (OLLI)....
OPR 415: FOMO in OLLI
09 Jun 2022
Contributed by Lukas
On this episode, Brian does a FOMO (fear of missing out) trade in Ollie's Bargain Outlet Holdings Inc. (OLLI). The Options Playbook is available at ...
OPR 414: Huddling Up On VIX, SPY Straddles, Put Frenzies and More...
01 Jun 2022
Contributed by Lukas
On this episode, Mark and Brian "huddle up" to answer your questions about: SPY straddles Selling a put Is it all about a put frenzy or are people st...
OPR 413: Is It Time To Buy A VIX Call?
25 May 2022
Contributed by Lukas
On this episode, Brian first talks about last week's trade which was selling a short bullish put spread in the VIX. For this week's trade, Brian first...
OPR 412: Selling a Put Spread in the VIX
18 May 2022
Contributed by Lukas
On this episode, Brian talks about selling a short bullish put spread in the VIX. The Options Playbook is available at OptionsPlaybook.com, or on ...
OPR 411: Huddling Up About Butterflies, Nanos, TWTR and More...
11 May 2022
Contributed by Lukas
On this episode, Mark and Brian "huddle up" to answer your questions about: The proper way to trade butterflies What to do with TWTR call spreads aft...
OPR 410: Catch the Fed Wave with a QQQ Call
04 May 2022
Contributed by Lukas
On this episode, Brian reviews last week's Amazon (Ticker: AMZN) butterfly trade. Then he decides to try to catch the massive Fed rally with an out-...
OPR 409: Let's Have Some Fun with an AMZN Earnings Butterfly
27 Apr 2022
Contributed by Lukas
On this episode, Brian reviews his calendar spread (aka time spread or horizontal spread) in Walt Disney Company (Ticker: DIS). Then he decides to hav...
OPR 408: Time for a Disney Calendar Spread
20 Apr 2022
Contributed by Lukas
On this episode, Brian explains how to do a calendar spread (aka time spread or horizontal spread) in Walt Disney Company (Ticker: DIS). The Options P...
OPR 407: Huddle Up On Skip Strike Butterflies, Exercising Options, BITO, Most Profitable Plays, And Much More
13 Apr 2022
Contributed by Lukas
On this episode, Brian and Mark huddle up to answer your questions about: When to roll on a skip strike butterfly How long you have to exercise optio...
OPR 406: Let's Buck The Fed with A SPY Call Spread
06 Apr 2022
Contributed by Lukas
On this episode, Brian first discusses last week's figleaf trade in SPDR Gold Shares (Ticker: GLD). Then he decides to buck the current Fed-driven sel...
OPR 405: Time for a Figleaf in GLD
31 Mar 2022
Contributed by Lukas
On this episode, Brian first discusses last week's long call spread trade in Amazon (Ticker: AMZN). Then he explains how to do a figleaf in SPDR Gold ...
OPR 404: Playing Stock Splits with an AMZN Call Spread
24 Mar 2022
Contributed by Lukas
On this episode, Brian discusses the upcoming stock splits in Google and Amazon. He also explains how you can do a long call spread in Amazon (Ticker:...
OPR 403: Playing Volatility With A VIX Call Spread
17 Mar 2022
Contributed by Lukas
On this episode, Brian discusses how you could trade the VIX with a long call spread. The Options Playbook is available at OptionsPlaybook.com, or o...
OPR 100, Part 2: TWTR Iron Condor- REMASTERED
10 Mar 2022
Contributed by Lukas
Enjoy this special "remastered" episode of OPR 100 Part 2. On this episode, Brian is joined by Dan Sheridan from Sheridan Options Mentoring. They disc...
OPR 402: Let's Fight The FOMO in SPY
02 Mar 2022
Contributed by Lukas
On this episode, Brian first looks at last week's SPY straddle trade. Then he explained a Fear Of Missing Out (FOMO) trade in SPY. The Options Playboo...
OPR 401: Maybe It's Time for a SPY Straddle?
23 Feb 2022
Contributed by Lukas
Due to the current market volatility, is it time to do a long straddle? On this episode, Brian explains how to do a SPY straddle trade. The Options Pl...
OPR 400th Episode Spectacular
17 Feb 2022
Contributed by Lukas
On this 400th episode spectacular, Brian and Mark huddle up to answer your questions about: Covered calls on long equity / ETF positions The upcoming...
OPR 399: Time for a Short Put Spread in SPX
09 Feb 2022
Contributed by Lukas
On this episode, Brian first looks at last week's butterfly trade in Amazon (Ticker: AMZN). For this week's trade, Brian does a short put spread in th...
OPR 398: Time for a Butterfly in Amazon
02 Feb 2022
Contributed by Lukas
On this episode, Brian first looks at last week's bear put spread trade in Apple (Ticker: AAPL). For this week's trade, Brian does a standard butterfl...
OPR 397: We're A Little Bearish on Apple
26 Jan 2022
Contributed by Lukas
On this episode, Brian first looks at last week's long put spread in the S&P. For this week's trade, Brian does a bear put spread in Apple (Ticker: AA...
OPR 396: Time for a Bearish Trade in the S&P
19 Jan 2022
Contributed by Lukas
On this episode, Brian first reviews last week's long straddle trade in Micron Technology (Ticker Symbol: MU). Then he looks at a long put spread in t...
OPR 395: Starting New Year with a Long Straddle in MU
12 Jan 2022
Contributed by Lukas
On this episode, Brian does a long straddle in Micron Technology (Ticker Symbol: MU). The Options Playbook is available at OptionsPlaybook.com, or o...
OPR Holiday Special: Top 5 Episodes of 2021
05 Jan 2022
Contributed by Lukas
Brian rings in the new year by breaking down your favorite episodes from 2021. The Options Playbook is available at OptionsPlaybook.com, or on Am...
OPR 100th Episode Extravaganza, Part 1 - REMASTERED
29 Dec 2021
Contributed by Lukas
What better way to celebrate the holiday season than by remastering one of the classic episodes of OPR? For this special episode, Brian is joined by: ...
OPR 394: Huddling Up on Fig Leaves, Rho, Spreads vs. Outrights and More
22 Dec 2021
Contributed by Lukas
On this episode, Brian and Mark huddle up to answer your questions about: A Fig Leaf in SPY The Impact of Rates on the Price of Calls and Puts A Spre...
OPR 393: Reducing Your Pandemic Risk In PFE
15 Dec 2021
Contributed by Lukas
On this episode, Brian first looks at last week's FOMO long-term in-the-money call in Apple (Ticker Symbol: AAPL). Then he follows that up by explorin...
OPR 392: FOMO in AAPL Going Into the New Year
08 Dec 2021
Contributed by Lukas
On this episode, Brian first looks at last week's double butterfly trade in SPX. For this week's trade, Brian does a FOMO long term Apple in the money...
OPR 391: A Historic Double Butterfly in SPX
02 Dec 2021
Contributed by Lukas
For the first time in the history of the show, Brian explains how to do a double butterfly in SPX. The Options Playbook is available at OptionsPlayboo...
OPR 390: Huddling Up on VIX, Ford, Crypto, BITO and More
24 Nov 2021
Contributed by Lukas
On this episode, Brian and Mark huddle up to answer your questions about: A renewed look at VIX - hedge or speculative tool? Is Ford still the floor ...
UPDATED: OPR 389: Get A Jump On Black Friday With a BBY Butterfly
19 Nov 2021
Contributed by Lukas
On this episode, Brian first looks at last week's trade which he did a skip strike butterfly in Coinbase (Ticker Symbol: COIN). For this week's trade,...
OPR 388: Time for A Crypto Butterfly In COIN
10 Nov 2021
Contributed by Lukas
On this episode, Brian first looks at last week's long call trade in IWM, which is the ETF that tracks the Russell 2000. For this week's trade, he doe...
OPR 387: Time for a Long Call in Small Caps
04 Nov 2021
Contributed by Lukas
On this episode, Brian first looks at last week's ratio butterfly trade in Amazon (Ticker: AMZN) after earnings. Then he suggests a long call trade in...
OPR 386: Time for a Ratio Butterfly in Amazon
27 Oct 2021
Contributed by Lukas
On this episode, Brian explores a ratio butterfly in Amazon (Ticker: AMZN) after earnings. The Options Playbook is available at OptionsPlaybook.com,...
OPR 385: A Pre-Earnings Adventure in Alphabet
20 Oct 2021
Contributed by Lukas
On this episode, Brian explores a skip strike butterfly in GOOGL pre earnings. The Options Playbook is available at OptionsPlaybook.com, or on Amaz...
OPR 384: Huddling Up About Butterflies, Volatility and More
13 Oct 2021
Contributed by Lukas
On this episode, Brian and Mark huddle up to answer your questions about: The best practices for taking off butterflies The most misunderstood option...
OPR 383: Time for A Lottery Ticket in QQQ
06 Oct 2021
Contributed by Lukas
On this episode, Brian explores a "lottery ticket" trade in QQQ using a skip strike butterfly. The Options Playbook is available at OptionsPlayboo...
OPR 382: We're Messing With the VIX
29 Sep 2021
Contributed by Lukas
In this episode, Brian decides that it's time to mess with...the VIX! The Options Playbook is available at OptionsPlaybook.com, or on Amazon. Do yo...
OPR 381: ITM Spreads and Adjustments In SPX
23 Sep 2021
Contributed by Lukas
In this episode, Brian first discusses using a long call spread in the S&P 500. Then he looks back at the skip strike butterfly trade that he did in C...
OPR 380: It's Time To Skip Some Strikes in Coinbase
15 Sep 2021
Contributed by Lukas
In this episode, Brian first discusses the iron condor in the S&P 500 that he did last week. For this week's trade, he does a skip strike butterfly in...
OPR 379: When Good Butterflies Go Bad and S&P Iron Condors
09 Sep 2021
Contributed by Lukas
In this episode, Brian first looks at how last week's trade in which he did a butterfly in the Russell 2000 ETF (Ticker: IWM) worked out. Then Brian t...
OPR 378: A Butterfly in IWM
01 Sep 2021
Contributed by Lukas
In this episode, Brian discusses a butterfly in the Russell 2000 ETF (Ticker: IWM). The Options Playbook is available at OptionsPlaybook.com, or on ...
OPR 377: Getting Ahead of the Fed With A SPX Vertical
25 Aug 2021
Contributed by Lukas
In this episode, Brian returns with a SPX long call spread going into the Fed meeting this week. The Options Playbook is available at OptionsPlayboo...
OPR 300th Episode Spectacular Remastered
18 Aug 2021
Contributed by Lukas
Not many programs in any medium, let alone podcasts, survive for 300 episodes. What better way to celebrate this landmark achievement than by welcomin...
OPR 100th Episode Spectacular Remastered
12 Aug 2021
Contributed by Lukas
For the first time ever, the epic OPR 100th Episode Spectacular has been completely remastered for your listening enjoyment. It's now available in one...
OPR 376: Huddling Up About Trade Selection, VIX, Butterflies and More...
05 Aug 2021
Contributed by Lukas
On this episode, Brian and Mark huddle up to answer your questions about: Can the options party continue? How Brian chooses his trades? Fig leav...
OPR 375: Huddling Up About Time Spreads, Earnings and More
28 Jul 2021
Contributed by Lukas
On this episode, Brian and Mark huddle up to answer your questions about: When to use time spreads and when to avoid them How to trade options during...
OPR 374: A Short Term Speculative Trade in NVDA
22 Jul 2021
Contributed by Lukas
In this episode, Brian first looks at his trade from last week where he dives back into time spreads with an interesting calendar in Disney (Ticker: D...
OPR 373: There Is A Time For Time Spreads
14 Jul 2021
Contributed by Lukas
In this episode, Brian dives back into time spreads with an interesting calendar in Disney (Ticker: DIS). The Options Playbook is available at Optio...
OPR 372: Huddling Up On Long-term Verticals, Dynamic Collars and more...
07 Jul 2021
Contributed by Lukas
Brian and Mark answer your questions about: Long-term verticals How to get long SPY using options Selling Iron Condors Options Margin Dynamic Collars...
OPR 371: FOMO in XLF
30 Jun 2021
Contributed by Lukas
In this episode, Brian first discusses last week's trade of selling a short put spread in Moderna (Ticker: MRNA). For this week's trade, Brian does a ...
OPR 370: Time For A Short Put Spread in MRNA
24 Jun 2021
Contributed by Lukas
In this episode, Brian first discusses last week's fig leaf strategy (aka a leveraged covered call) in AMD. For this week's trade, Brian sells a short...
OPR 369: Time For A Fig Leaf in AMD
17 Jun 2021
Contributed by Lukas
In this episode, Brian first discusses last week's Fear Of Missing Out (FOMO) trade in ExxonMobil (Ticker: XOM). For this week's trade, Brian does a f...