Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open the SPDR S&P Regional Banking ETF (KRE) Mar Monthly (3/17) 42 Put for around $0.34. You can go as low as $0.28, but please don’t start there and always use limit orders. (Current stock price: $47.20)
TRADE TWO*: Sell to open VanEck Semiconductor ETF (SMH) Mar Monthly (3/17) 232.50 Put for around $0.37 and buy to open the SMH Mar Monthly (3/17) 227.50 Put for around $0.15. Set initial credit limit at $0.22. (Current stock price: $245.64)
*If you are new to spread trading, please watch my Bull Put Spread Coaching before entering the trade.