Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Apple (AAPL) Sep Week One (9/2) 165 Put for around $2.03. You can go as low as $1.92, but please don’t start there and always use limit orders. (Current stock price: $167.72)
TRADE TWO*: Sell to open the Zoom Video Communications (ZM) Sep Week Two (9/9) 70 Put for around $0.75 and buy to open the ZM Sep Week Two (9/9) 65 Put for around $0.32. Set initial credit limit at $0.43. (Current stock price: $82.78)
*If you are new to spread trading, please watch my Bull Put Spread Coaching before entering the trade.