Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open SPDR S&P Regional Banking ETF (KRE) Dec Monthly (12/17) 70 Put for around $0.95. You can go as low as $0.86, but please don’t start there and always use limit orders. (Current stock price: $71.01)
TRADE TWO: Sell to open Apple (AAPL) Dec Week Two (12/10) 172.50 Put for around $1.53. You can go as low as $1.45, but please don’t start there and always use limit orders. (Current stock price: $173.59)
TRADE THREE*: Buy to open the VanEck Vectors Semiconductor ETF (SMH) Jan 2023 (1/20/23) 250 Call for around $78.30 and sell to open the SMH Dec Week Two (12/10) 315 Call for around $1.85. Set initial debit limit at $76.45. (Current stock price: $311.97)
*If you are new to LEAP call spreads, please watch my LEAP Call Spreads Coaching Session before entering the trade.