Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Bank of America (BAC) Dec Week Two (12/10) 44 Put for around $0.50. You can go as low as $0.45, but please don’t start there and always use limit orders. (Current stock price: $45.28)
TRADE TWO*: Sell to open the Danaher (DHR) Dec Monthly (12/17) 300 Put for around $2.70 and buy to open the DHR Dec Monthly (12/17) 295 Put for around $2.05. Set initial credit limit at $0.65. (Current stock price: $318.97)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.