Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open CVS Health (CVS) Apr Week One (4/1) 103 Put for around $0.54. You can go as low as $0.48, but please don’t start there and always use limit orders. (Current stock price: $104.51)
TRADE TWO: Sell to open the Apple (AAPL) Apr Week Two (4/8) 167.50 Put for around $0.51. and buy to open the AAPL Apr Week Two (4/8) 162.50 Put for around $0.25. Set initial credit limit at $0.26. (Current stock price: $177.39)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.