Below are the trades from today’s Income Madness Live Trading Session.
TRADE ONE: Sell to open the Micron Technology (MU) Jan Week Two (1/14) 93 Put for around $0.52. You can go as low as $0.46, but please don’t start there and always use limit orders. (Current stock price: $94.88)
TRADE TWO: Sell to open the General Motors (GM) Jan Week Two (1/14) 60 Put for around $0.51. You can go as low as $0.46, but please don’t start there and always use limit orders. (Current stock price: $60.49)