Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open the QuantumScape (QS) Feb Monthly (2/19) 58 Put for around $0.65. You can go as low as $0.45, but please don’t start there and always use limit orders. (Current stock price: $64.69)
TRADE TWO: Sell to open the Bank of America (BAC) Feb Week Four (2/26) 34 Put for around $0.47. You can go as low as $0.42, but please don’t start there and always use limit orders. (Current stock price: $34.21)
TRADE THREE: Buy 100 shares of CVS Health (CVS) at market ($72.21) and sell to open the CVS Feb Week Four (2/26) 73.50 Call for around $0.57. (Cost basis: $71.64)