Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open JPMorgan Chase (JPM) Nov Week One (11/4) 117 Put for around $0.80. You can go as low as $0.72, but please don’t start there and always use limit orders. (Current stock price: $123.02)
TRADE TWO: Sell to open Lennar (LEN) Nov Week One (11/4) 72 Put for around $0.60. You can go as low as $0.50, but please don’t start there and always use limit orders. (Current stock price: $78.84)
TRADE THREE*: Sell to open The Trade Desk (TTD) Nov Week One (11/4) 50 Put for around $0.60 and buy to open the TTD Nov Week One (11/4) 45 Put for around $0.20. Set initial credit limit at $0.40. (Current stock price: $57.96)
*If you are new to spread trading, please watch my Bull Put Spread Coaching before entering the trade.