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Income Masters Trade Alert: ZM

Let’s book fast profits on our Zoom Video Communications (ZM) spread.

Current Stock Price: $84.84

Cash in Hand: $0.43

Action:

  • Buy to close the ZM Sep Week Two (9/9) 70 Put for around $0.31
  • Sell to close the ZM Sep Week Two (9/9) 65 Put for around $0.10
  • Set initial debit limit at $0.21, but adjust as needed to close today

Profit: $0.22, or $22 per spread

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