Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open the Starbucks (SBUX) Oct Week One (10/1) 114 Put for around $1.12. You can go as low as $1.01, but please don’t start there and always use limit orders. (Current stock price: $114.29)
TRADE TWO: Sell to open the Yeti Holdings (YETI) Oct Week One (10/1) 96 Put for around $1.05. You can go as low as $0.95, but please don’t start there and always use limit orders. (Current stock price: $98.64)
TRADE THREE*: Sell to open the Roku (ROKU) Oct Week One (10/1) 300 Put for around $1.21. and buy to open the ROKU Oct Week One (10/1) 290 Put for around $0.71. Set initial credit limit at $0.50, but please don’t start there and always use limit orders. (Current stock price: $334.28)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trades.