Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Lyft (LYFT) Mar Monthly (3/18) 32.50 Put for around $0.50. You can go as low as $0.43, but please don’t start there and always use limit orders. (Current stock price: $37.32)
TRADE TWO*: Sell to open the Microsoft (MSFT) Mar Week Two (3/11) 275 Put for around $1.17 and buy to open the MSFT Mar Week Two (3/11) 270 Put for around $0.81. Set initial credit limit at $0.36. (Current stock price: $296.94)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.