Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open CVS Health (CVS) Sep Monthly (9/16) 100 Put for around $0.92. You can go as low as $0.83, but please don’t start there and always use limit orders. (Current stock price: $101.18)
TRADE TWO: Sell to open Bristol-Myers Squibb (BMY) Sep Monthly (9/16) 67.50 Put for around $0.89. You can go as low as $0.81, but please don’t start there and always use limit orders. (Current stock price: $68.62)
TRADE THREE*: Sell to open the Zoom Video Communications (ZM) Sep Monthly (9/16) 73 Put for around $0.60 and buy to open the ZM Sep Monthly (9/16) 70 Put for around $0.28. Set initial credit limit at $0.32. (Current stock price: $79.78)
*If you are new to spread trading, please watch my Bull Put Spread Coaching before entering the trade.