Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open the iShares Global Clean Energy ETF (ICLN) Apr Monthly (4/16) 23.50 Put for around $0.45. You can go as low as $0.35, but please don’t start there and always use limit orders. (Current stock price: $23.57)
TRADE TWO: Sell to open the QuantumScape (QS) Apr Monthly (4/16) 44 Put for around $0.75. You can go as low as $0.60, but please don’t start there and always use limit orders. (Current stock price: $48.23)
TRADE THREE*: Buy to open the General Motors (GM) Jan Monthly (1/21/22) 50 Call for around $13.50 and sell to open the GM Apr Monthly (4/16) 61 Call for around $0.86. Set initial debit limit at $12.64. (Current stock price: $59.89)
*If you are new to LEAP call spreads, please watch my LEAP Call Spreads Coaching Session before entering the trade.