Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Blackstone (BX) Apr Week Five (4/29) 107 Put for around $0.95. You can go as low as $0.81, but please don’t start there and always use limit orders. (Current stock price: $114.73)
TRADE TWO*: Sell to open the NVIDIA (NVDA) May Week One (5/6) 175 Put for around $1.56 and buy to open the NVDA May Week One (5/6) 170 Put for around $1.14. Set initial credit limit at $0.42. (Current stock price: $210.01)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.