Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open the CVS Health (CVS) Aug Monthly (8/20) 86 Put for around $0.65. You can go as low as $0.55, but please don’t start there and always use limit orders. (Current stock price: $85.89)
TRADE TWO: Sell to open the Taiwan Semiconductor Manufacturing (TSM) Aug Week Four (8/27) 111 Put for around $1.51. You can go as low as $1.40, but please don’t start there and always use limit orders. (Current stock price: $11.47)
TRADE THREE*: Buy to open the Target (TGT) Jan 2023 (1/20/23) 200 Call for around $61.20 and sell to open the TGT Aug Week Four (8/27) 255 Call for around $2.10. Set initial debit limit at $59.10. (Current stock price: $250.46)
*If you are new to LEAP call spreads, please watch my LEAP Call Spreads Coaching Session before entering the trade.