Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open the Invesco Solar ETF (TAN) Apr Week Two (4/9) 90 Put for around $1.55. You can go as low as $1.25, but please don’t start there and always use limit orders. (Current stock price: $90.61)
TRADE TWO: Sell to open the Moderna (MRNA) Apr Week Two (4/9) 130 Put for around $1.14. You can go as low as $0.95, but please don’t start there and always use limit orders. (Current stock price: $135.60)
TRADE THREE: Sell to open the SPDR S&P Biotech ETF (XBI) Apr Week Two (4/9) 135 Put for around $0.95. You can go as low as $0.86, but please don’t start there and always use limit orders. (Current stock price: $138.57)
TRADE FOUR: Sell to open the Zoom Video Communications (ZM) Apr Monthly (4/16) 300 Put for around $1.70 and buy to open ZM Apr Monthly (4/16) 295 Put for around $1.30. Set initial credit limit at $0.40. (Current stock price: $331.61)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trades.