Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Walt Disney (DIS) Feb Monthly (2/17) 111 Put for around $1.12. You can go as low as $1.02, but please don’t start there and always use limit orders. (Current stock price: $113.75)
TRADE TWO: Sell to open CVS Health (CVS) Feb Monthly (2/17) 90 Put for around $1.06. You can go as low as $0.97, but please don’t start there and always use limit orders. (Current stock price: $90.08)
TRADE THREE*: Sell to open Taiwan Semiconductor Manufacturing (TSM) Feb Monthly (2/17) 92 Put for around $0.39 and buy to open the TSM Feb Monthly (2/17) 87 Put for around $0.10. Set initial credit limit at $0.29. (Current stock price: $97.69)
*If you are new to spread trading, please watch my Bull Put Spread Coaching before entering the trade.