Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open the Crox (CROX) Sep Monthly (9/17) 135 Put for around $3.05. You can go as low as $2.85, but please don’t start there and always use limit orders. (Current stock price: $145.25)
TRADE TWO: Sell to open the Corning (GLW) Aug Week Four (8/27) 40.50 Put for around $0.39. You can go as low as $0.31, but please don’t start there and always use limit orders. (Current stock price: $40.45)
TRADE THREE*: Buy to open the Moderna (MRNA) Jan Monthly (1/21/22) 350 Call for around $86.10 and sell to open the MRNA Aug Week Four (8/27) 415 Call for around $3.25. Set initial debit limit at $82.85. (Current stock price: $389.37)
*If you are new to LEAP call spreads, please watch my LEAP Call Spreads Coaching Session before entering the trade.