Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open SPDR S&P Regional Banking ETF (KRE) Jul Week One (7/1) 55 Put for around $0.42. You can go as low as $0.38, but please don’t start there and always use limit orders. (Current stock price: $57.36)
TRADE TWO*: Sell to open the NVIDIA (NVDA) Jul Week Two (7/8) 135 Put for around $1.01 and buy to open the NVDA Jul Week Two (7/8) 130 Put for around $0.63. Set initial credit limit at $0.38. (Current stock price: $160.34)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.