Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Starbucks (SBUX) Jul Week Two (7/8) 76 Put for around $0.48. You can go as low as $0.42, but please don’t start there and always use limit orders. (Current stock price: $78.01)
TRADE TWO*: Sell to open the Nvidia (NVDA) Jul Monthly (7/15) 130 Put for around $1.45 and buy to open the NVDA Jul Monthly (7/15) 125 Put for around $0.59. Set initial credit limit at $0.86. (Current stock price: $146.28)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.