Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Apple (AAPL) Aug Monthly (8/19) 167.50 Put for around $1.66. You can go as low as $1.56, but please don’t start there and always use limit orders. (Current stock price: $169.14)
TRADE TWO: Sell to open Roku (ROKU) Aug Monthly (8/19) 75 Put for around $0.86. You can go as low as $0.76, but please don’t start there and always use limit orders. (Current stock price: $84.22)
TRADE THREE*: Sell to open the Netflix (NFLX) Aug Week Four (8/26) 215 Put for around $1.34 and buy to open the NFLX Aug Week Four (8/26) 210 Put for around $0.94. Set initial credit limit at $0.40. (Current stock price: $245.94)
*If you are new to spread trading, please watch my Bull Put Spread Coaching before entering the trade.