Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Dow (DOW) Apr Monthly (4/21) 52.50 Put for around $0.43. You can go as low as $0.39, but please don’t start there and always use limit orders. (Current stock price: $54.47)
TRADE TWO*: Sell to open Lowe’s (LOW) Apr Monthly (4/21) 190 Put for around $1.05. and buy to open the LOW Apr Monthly (4/21) 185 Put for around $0.52. Set initial credit limit at $0.53. (Current stock price: $198.67)
*If you are new to spread trading, please watch my Bull Put Spread Coaching before entering the trade.