Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Advanced Micro Devices (AMD) Dec Week One (12/3) 150 Put for around $1.54. You can go as low as $1.35, but please don’t start there and always use limit orders. (Current stock price: $156.56)
TRADE TWO: Sell to open CVS Health (CVS) Dec Week Two (12/10) 87 Put for around $0.90. You can go as low as $0.80, but please don’t start there and always use limit orders. (Current stock price: $90.02)
TRADE THREE*: Sell to open the Microsoft (MSFT) Dec Week Two (12/10) 310 Put for around $1.47. and buy to open the MSFT Dec Week Two (12/10) 305 Put for around $1.09. Set initial credit limit at $0.38, but please don’t start there and always use limit orders. (Current stock price: $330.18)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.