The Options Playbook, Expanded 2nd Edition: Featuring 40 strategies for bulls, bears, rookies, all-stars and everyone in between.

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 Playbook is available at OptionsPlaybook.com, or on Amazon.

Do you have a question that you want to be answered on a future episode? Send it to Brian at TheOptionsGuy@Invest.Ally.Com or to the Options Insider at Questions@TheOptionsInsider.com. You can also find Brian on Twitter at @BrianOverby.