Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Applied Materials (AMAT) Mar Week Four (3/25) 120 Put for around $1.11. You can go as low as $0.97, but please don’t start there and always use limit orders. (Current stock price: $130.09)
TRADE TWO*: Sell to open the Apple (AAPL) Mar Week Four (3/25) 147 Put for around $0.71 and buy to open the AAPL Mar Week Four (3/25) 142 Put for around $0.38. Set initial credit limit at $0.33. (Current stock price: $157.91)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.