Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open the Taiwan Semiconductor Manufacturing (TSM) Jan Week Four (1/22) 130 Put for around $1.57. You can go as low as $1.45, but please don’t start there and always use limit orders. (Current stock price: $131.65)
TRADE TWO: Sell to open the Micron Technology (MU) Jan Week Four (1/22) 82.50 Put for around $0.85. You can go as low as $0.76, but please don’t start there and always use limit orders. (Current stock price: $83.61)
TRADE THREE: Buy 100 shares of Crocs (CROX) at market ($74.63) and sell to open the CROX Feb Monthly (2/19) 80 Call for around $2.30. (Cost basis: $72.33)