Please do not chase the trades by accepting less premium than the “go as low as” prices recommended below. Work your limit orders but exercise patience and let the trades come to you.
Zoom (ZM)
Current Stock Price: $65.82
Action: Sell to open ZM May Week Four (5/26) 64 Put
Recommended Limit: Set your initial limit order at $0.63. You can go as low as $0.55, but please don’t start there and always use limit orders.
Expiration: After the close on Friday, May 26th
Potential Rate of Return: 1% in 3 days if this option expires worthless
Dicks Sporting Goods (DKS)
Current Stock Price: $126.38
Action: Sell to open DKS May Week Four (5/26) 123 Put
Recommended Limit: Set your initial limit order at $0.95. You can go as low as $0.85, but please don’t start there and always use limit orders.
Expiration: After the close on Friday, May 26
Potential Rate of Return: 0.7% in 3 days if this option expires worthless