Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Roku (ROKU) Jul Week Two (7/8) 75 Put for around $0.87. You can go as low as $0.80, but please don’t start there and always use limit orders. (Current stock price: $89.67)
TRADE TWO: Sell to open Southwest Airlines (LUV) Jul Week Two (7/8) 35 Put for around $0.35. You can go as low as $0.31, but please don’t start there and always use limit orders. (Current stock price: $37.03)
TRADE THREE*: Sell to open the FedEx (FDX) Jul Monthly (7/15) 215 Put for around $1.18 and buy to open the FDX Jul Monthly (7/15) 210 Put for around $0.81. Set initial credit limit at $0.37. (Current stock price: $242.02)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.