loader from loading.io

Options Playbook Radio 458: Slinging VIX Butterflies

Options Playbook Radio

Release Date: 10/02/2025

Options Playbook Radio 460: Slinging 0DTE Butterflies in SPX show art Options Playbook Radio 460: Slinging 0DTE Butterflies in SPX

Options Playbook Radio

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 Friday Nov 14th Buy 1 SPXW Nov 10th 6785 Strike Call Sell 2 SPXW Nov 10th 6800 Strike Call Buy 1 SPXW Nov 10th 6805 Strike Call

info_outline
Options Playbook Radio 459: Amazon Earnings: The Open Wing Butterfly show art Options Playbook Radio 459: Amazon Earnings: The Open Wing Butterfly

Options Playbook Radio

HOST: Brian Overby, Options Playbook Radio The OPR strategy today is an Open-Wing Butterfly Spread on AMZN ahead of the company’s earnings announcement after the close today, Thursday, October 30th. BUY +1 AMZN 31 OCT 235 STRIKE CALL SELL -2 AMZN 31 OCT 245 STRIKE CALL BUY +1 AMZN 31 OCT 250 STRIKE CALL NET DEBIT $2.18

info_outline
Options Playbook Radio 458: Slinging VIX Butterflies show art Options Playbook Radio 458: Slinging VIX Butterflies

Options Playbook Radio

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 options at strikes 15, 20, and 22 Call type with a debit order at 1.65 price Quantities: +1, -2, +1 respectively

info_outline
Options Playbook Radio 457: How to Play the All-Time Highs in Gold Using GLD Options show art Options Playbook Radio 457: How to Play the All-Time Highs in Gold Using GLD Options

Options Playbook Radio

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 to Open, 1, 2025-09-19, Strike 345.00, PUT Leg 2: Sell to Open, 2, 2025-09-19, Strike 339.00, PUT Leg 3: Buy to Open, 1, 2025-09-19, Strike 337.00, PUT Max Risk: $300 per 1x2x1 Spread Executed Max Reward: $300 per 1x2x1 O-W Butterfly Established

info_outline
Options Playbook Radio 456: A Great NVDA Options Play show art Options Playbook Radio 456: A Great NVDA Options Play

Options Playbook Radio

Brian Overby is back with a great NVDA options play.

info_outline
Options Playbook Radio 455: Is it Time for an SPX Butterfly? show art Options Playbook Radio 455: Is it Time for an SPX Butterfly?

Options Playbook Radio

On this episode, Brian talks about an SPX butterfly trade. 

info_outline
Options Playbook Radio 454: It's Time for a VIX Butterfly show art Options Playbook Radio 454: It's Time for a VIX Butterfly

Options Playbook Radio

We are pleased to welcome back Brian Overby and his popular Options Playbook Radio program.  On this episode, Brian talks about his VIX modified butterfly trade. 

info_outline
OPR 453: Live From OIC 2024 show art OPR 453: Live From OIC 2024

Options Playbook Radio

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 Leaves 0 DTE options 24hr trading in stocks and options and much more...

info_outline
Options Playbook Radio 453: The Return of Options Playbook Radio show art Options Playbook Radio 453: The Return of Options Playbook Radio

Options Playbook Radio

We are pleased to welcome back Brian Overby and his popular Options Playbook Radio program.  On this episode, Mark and Brian answer your listener questions including: their thoughts on options trading holding up in 2023 their feelings on the pattern day trading policy trading VIX calls/spreads vs. VIX puts/spreads whether Chicago is still the mecca for trading options and much more.

info_outline
Options Playbook Radio 452: Let's Get Speculative on Oil show art Options Playbook Radio 452: Let's Get Speculative on Oil

Options Playbook Radio

For this week's trade, Brian gets speculative with the United States Oil ETF (Ticker: USO).  The Options Playbook is available at , or on . Do you have a question that you want to be answered on a future episode? Send it to Brian at  or to the Options Insider at Questions@TheOptionsInsider.com. You can also find Brian on Twitter at @BrianOverby.

info_outline
 
More Episodes

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 options at strikes 15, 20, and 22

  • Call type with a debit order at 1.65 price

  • Quantities: +1, -2, +1 respectively