Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open the Chewy (CHWY) Mar Week One (3/5) 90 Put for around $1.34. You can go as low as $1.15, but please don’t start there and always use limit orders. (Current stock price: $92.70)
TRADE TWO: Sell to open the Micron Technology (MU) Mar Week One (3/5) 89 Put for around $0.83. You can go as low as $0.75, but please don’t start there and always use limit orders. (Current stock price: $91.33)
TRADE THREE: Sell to open the SPDR S&P Regional Banking ETF (KRE) Mar Monthly (3/19) 66 Put for around $1.44. You can go as low as $1.30, but please don’t start there and always use limit orders. (Current stock price: $67.54)
TRADE FOUR*: Sell to open the Zoom Video Communications (ZM) Mar Week Two (3/12) 310 Put for around $3.25 and buy to open ZM Mar Week Two (3/12) 300 Put for around $2.15. Set initial credit limit at $1.10. (Current stock price: $355.55)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trades.