Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open NVIDIA (NVDA) Aug Week Two (8/12) 160 Put for around $1.79. You can go as low as $1.66, but please don’t start there and always use limit orders. (Current stock price: $178.32)
TRADE TWO: Sell to open Valero (VLO) Aug Week One (8/5) 103 Put for around $1.03. You can go as low as $0.90, but please don’t start there and always use limit orders. (Current stock price: $110.42)
TRADE THREE*: Sell to open the Microsoft (MSFT) Aug Week Two (8/12) 252.50 Put for around $0.96 and buy to open the MSFT Aug Week Two (8/12) 247.50 Put for around $0.64. Set initial credit limit at $0.32. (Current stock price: $273.69)
*If you are new to spread trading, please watch my Bull Put Spread Coaching before entering the trade.