Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Roku (ROKU) May Week One (5/5) 52 Put for around $0.45. You can go as low as $0.38, but please don’t start there and always use limit orders. (Current stock price: $57.87)
TRADE TWO: Sell to open Zoom Video Communications (ZM) May Week One (5/5) 58 Put for around $0.49. You can go as low as $0.43, but please don’t start there and always use limit orders. (Current stock price: $61.74)
TRADE THREE*: Sell to open Microsoft (MSFT) May Week One (5/5) 287.50 Put for around $0.78 and buy to open the MSFT May Week One (5/5) 282.50 Put for around $0.45. Set initial credit limit at $0.33. (Current stock price: $302.79)
*If you are new to spread trading, please watch my Bull Put Spread Coaching before entering the trade.