Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Roku (ROKU) Nov Week Two (11/11) 48 Put for around $0.43. You can go as low as $0.38, but please don’t start there and always use limit orders. (Current stock price: $52.43)
TRADE TWO: Sell to open First Solar (FSLR) Nov Monthly (11/18) 135 Put for around $1.37. You can go as low as $1.26, but please don’t start there and always use limit orders. (Current stock price: $149.41)
TRADE THREE*: Sell to open Microsoft (MSFT) Nov Monthly (11/18) 212.50 Put for around $0.80 and buy to open the MSFT Nov Monthly (11/18) 207.50 Put for around $0.46. Set initial credit limit at $0.34. (Current stock price: $231.06)
*If you are new to spread trading, please watch my Bull Put Spread Coaching before entering the trade.