Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Sonos (SONO) Feb Monthly (2/18) 27 Put for around $0.33. You can go as low as $0.24, but please don’t start there and always use limit orders. (Current stock price: $29.20)
TRADE TWO*: Sell to open Walt Disney (DIS) Feb Monthly (2/18) 149 Put for around $1.24. You can go as low as $1.17, but please don’t start there and always use limit orders. (Current stock price: $153.62)
Or…
Sell to open the DIS Feb Week Four (2/25) 143 Put for around $0.65 and buy to open the DIS Feb Week Four (2/25) 138 Put for around $0.29. Set initial credit limit at $0.36.
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.