If your music player supports OGG, you can also use youtube-dl -f FORMAT VIDEO_URL and give a numeric format that corresponds to a DASH webm audio-only stream, with vorbis audio (e.g. format 171 these days). The container is webm but it can be trivially changed to OGG with ffmpeg, which you can call via --exec automatically.
Edit: I mentioned that because you don't lose any quality reencoding.
Edit: I mentioned that because you don't lose any quality reencoding.