Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Applied Materials (AMAT) Apr Week Four (4/28) 110 Put for around $0.78. You can go as low as $0.70, but please don’t start there and always use limit orders. (Current stock price: $112.18)
TRADE TWO: Sell to open The Trade Desk (TTD) Apr Week Four (4/28) 57 Put for around $0.44. You can go as low as $0.38, but please don’t start there and always use limit orders. (Current stock price: $59.94)
TRADE THREE*: Sell to open Netflix (NFLX) May Week One (5/5) 287.50 Put for around $0.43 and buy to open the NFLX May Week One (5/5) 277.50 Put for around $0.18. Set initial credit limit at $0.25. (Current stock price: $323.40)
*If you are new to spread trading, please watch my Bull Put Spread Coaching before entering the trade.