HOST: Brian Overby, Options Playbook

Buy 1 SPXW Nov 10th 6805 Strike Call

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

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

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

Brian Overby is back with a great NVDA options play.

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

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.

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...