Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open Teladoc Health (TDOC) Mar Monthly (3/18) 60 Put for around $1.21. You can go as low as $1, but please don’t start there and always use limit orders. (Current stock price: $72.24)
TRADE TWO*: Sell to open the Lowe’s (LOW) Mar Monthly (3/18) 200 Put for around $0.95 and buy to open the LOW Mar Monthly (3/18) 190 Put for around $0.57. Set initial credit limit at $0.38. (Current stock price: $229.34)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trade.