Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open CVS Health (CVS) May Week Four (5/27) 90 Put for around $0.82. You can go as low as $0.75, but please don’t start there and always use limit orders. (Current stock price: $94.46)
TRADE TWO*: Sell to open the Apple (AAPL) May Week Four (5/27) 130 Put for around $0.66 and buy to open the AAPL May Week Four (5/27) 125 Put for around $0.32. Set initial credit limit at $0.34. (Current stock price: $142.51)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.