Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open the Advanced Micro Devices (AMD) Apr Week Five (4/30) 83 Put for around $0.76. You can go as low as $0.70, but please don’t start there and always use limit orders. (Current stock price: $84.54)
TRADE TWO: Sell to open the Etsy (ETSY) Apr Week Five (4/30) 205 Put for around $1.56. You can go as low as $1.45, but please don’t start there and always use limit orders. (Current stock price: $210.45)
TRADE THREE: Buy 100 shares of KB Home (KBH) at market ($48.70) and sell to open the KBH May Monthly (5/21) 50 Call for around $1.17. (Cost basis: $47.53)
TRADE FOUR*: Sell to open the Microsoft (MSFT) May Week One (5/7) 245 Put for around $0.77 and buy to open MSFT May Week One (5/7) 235 Put for around $0.24. Set initial credit limit at $0.53. (Current stock price: $253.87)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trades.