Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open CVS Health (CVS) Jun Week Two (6/10) 95 Put for around $0.92. You can go as low as $0.85, but please don’t start there and always use limit orders. (Current stock price: $98.37)
TRADE TWO*: Sell to open the NVIDIA (NVDA) Jun Week Two (6/10) 150 Put for around $1.52 and buy to open the NVDA Jun Week Two (6/10) 145 Put for around $1.08. Set initial credit limit at $0.44. (Current stock price: $177.79)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.