Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Apple (AAPL) Feb Week Two (2/11) 172.50 Put for around $1.11. You can go as low as $1.03, but please don’t start there and always use limit orders. (Current stock price: $174.07)
TRADE TWO: Sell to open SPDR S&P Retail ETF (XRT) Feb Monthly (2/18) 77 Put for around $0.79. You can go as low as $0.69, but please don’t start there and always use limit orders. (Current stock price: $81.48)
TRADE THREE*: Sell to open the Microsoft (MSFT) Feb Monthly (2/18) 285 Put for around $1.20 and buy to open the MSFT Feb Monthly (2/18) 280 Put for around $0.83. Set initial credit limit at $0.37. (Current stock price: $304.20)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.