Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open First Solar (FSLR) Feb Week Two (2/10) 160 Put for around $0.95. You can go as low as $0.87, but please don’t start there and always use limit orders. (Current stock price: $174.75)
TRADE TWO: Sell to open United Airlines (UAL) Feb Week Two (2/10) 50 Put for around $0.43. You can go as low as $0.38, but please don’t start there and always use limit orders. (Current stock price: $51.72)
TRADE THREE*: Sell to open FedEx (FDX) Feb Monthly (2/17) 197.50 Put for around $0.90 and buy to open the FDX Feb Monthly (2/17) 192.50 Put for around $0.53. Set initial credit limit at $0.37. (Current stock price: $214.09)
*If you are new to spread trading, please watch my Bull Put Spread Coaching before entering the trade.