Below are the trades from today’s Income Madness Live Trading Session.
TRADE ONE: Sell to open The Trade Desk (TTD) Jan Monthly (1/21) 66 Put for around $0.56. You can go as low as $0.48, but please don’t start there and always use limit orders. (Current stock price: $71.84)
TRADE TWO: Sell to open the SPDR S&P Regional Banking ETF (KRE) Jan Monthly (1/21) 76 Put for around $0.46. You can go as low as $0.40, but please don’t start there and always use limit orders. (Current stock price: $77.43)
TRADE THREE*: Sell to open the Zoom Video Communications (ZM) Jan Monthly (1/21) 145 Put for around $0.56 and buy to open ZM Jan Monthly (1/21) 135 Put for around $0.16. Set initial credit limit at $0.40. (Current stock price: $160.65)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.