Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open the Advanced Micro Devices (AMD) Aug Week Four (8/28) 81 Put for around $0.81. You can go as low as $0.73, but please don’t start there and always use limit orders. (Current stock price: $82.77)
TRADE TWO: Sell to open the PayPal (PYPL) Aug Week Four (8/28) 195 Put for around $1.58. You can go as low as $1.35, but please don’t start there and always use limit orders. (Current stock price: $197.95)
TRADE THREE*: Sell to open the Netflix (NFLX) Sep Monthly (9/18) 440 Put for around $3.95 and buy to open NFLX Sep Monthly (9/18) 435 Put for around $3.25. Set initial credit limit at $0.70. (Current stock price: $487.93).
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.