Below are the trades from today’s Income Masters Live Trading Session.
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