Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open The New York Times Company (NYT) Mar Monthly (3/18) 40 Put for around $0.90. You can go as low as $0.65, but please don’t start there and always use limit orders. (Current stock price: $41.24)
TRADE TWO*: Sell to open the Zoom Video Communications (ZM) Mar Monthly (3/18) 85 Put for around $1.87 and buy to open the ZM Mar Monthly (3/18) 80 Put for around $1.40. Set initial credit limit at $0.47. (Current stock price: $124.20)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.