Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Capri Holdings (CPRI) Jun Week Two (6/10) 45 Put for around $0.57. You can go as low as $0.45, but please don’t start there and always use limit orders. (Current stock price: $49.01)
TRADE TWO*: Sell to open the Salesforce (CRM) Jun Week Two (6/10) 160 Put for around $0.74 and buy to open the CRM Jun Week Two (6/10) 155 Put for around $0.41. Set initial credit limit at $0.33. (Current stock price: $176.31)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.