Options Playbook Radio

Welcome to 2018! Let's jump right into strategies, specifically around earnings. In this episode, we are looking at a long calendar spread with puts in FCX. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition. Specifically: Why are we picking FCX? When does FCX announce earnings? What is the implied volatility? Why are we expecting a major announcement? Why pick a calendar around earnings? Defining a calendar spread Remember, if you do this, you're long implied volatility Caveats and other considerations Setting up the trade What is the cost? Risk? What do we want to happen? 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.