Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Roku (ROKU) Jun Week Two (6/10) 80 Put for around $0.83. You can go as low as $0.75, but please don’t start there and always use limit orders. (Current stock price: $97.04)
TRADE TWO*: Sell to open the Williams-Sonoma (WSM) Jun Monthly (6/17) 105 Put for around $0.82 and buy to open the WSM Jun Monthly (6/17) 95 Put for around $0.40. Set initial credit limit at $0.42. (Current stock price: $128.46)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.