Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open The New York Times Company (NYT) Feb Monthly (2/18) 40 Put for around $0.70. You can go as low as $0.60, but please don’t start there and always use limit orders. (Current stock price: $41.35)
TRADE TWO*: Sell to open the Zoom Video Communications (ZM) Feb Monthly (2/18) 115 Put for around $1.35 and buy to open the ZM Feb Monthly (2/18) 110 Put for around $0.92. Set initial credit limit at $0.43. (Current stock price: $140.83)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.