Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Lyft (LYFT) Mar Monthly (3/18) 33.50 Put for around $0.37. You can go as low as $0.32, but please don’t start there and always use limit orders. (Current stock price: $37.41)
TRADE TWO*: Sell to open the Nvidia (NVDA) Mar Monthly (3/18) 190 Put for around $1.08 and buy to open the NVDA Mar Monthly (3/18) 185 Put for around $0.71. Set initial credit limit at $0.37. (Current stock price: $220.53)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.