Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Marriott International (MAR) Mar Monthly (3/18) 145 Put for around $1. You can go as low as $0.88, but please don’t start there and always use limit orders. (Current stock price: $160.99)
TRADE TWO: Sell to open the Salesforce (CRM) Mar Monthly (3/18) 180 Put for around $0.84 and buy to open the CRM Mar Monthly (3/18) 175 Put for around $0.57. Set initial credit limit at $0.27. (Current stock price: $204.35)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.