Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open D.R. Horton (DHI) Jan Monthly (1/21) 105 Put for around $1.55. You can go as low as $1.41, but please don’t start there and always use limit orders. (Current stock price: $107.24)
TRADE TWO*: Sell to open the Danaher (DHR) Jan Monthly (1/21) 290 Put for around $1.45 and buy to open the DHR Jan Monthly (1/21) 280 Put for around $0.70. Set initial credit limit at $0.75. (Current stock price: $307.90)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering this trade.