Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open the Western Digital (WDC) Jul Week One (7/2) 70 Put for around $0.77. You can go as low as $0.70, but please don’t start there and always use limit orders. (Current stock price: $70.83)
TRADE TWO: Sell to open the D.R. Horton (DHI) Jul Week One (7/2) 90 Put for around $0.80. You can go as low as $0.71, but please don’t start there and always use limit orders. (Current stock price: $90.65)
TRADE THREE: Sell to open the Sonos (SONO) Jul Monthly (7/16) 35 Put for around $1.28. You can go as low as $1.05, but please don’t start there and always use limit orders. (Current stock price: $34.75)
TRADE FOUR*: Sell to open the Roku (ROKU) Jul Week Two (7/9) 400 Put for around $1.16. and buy to open ROKU Jul Week Two (7/9) 390 Put for around $0.68. Set initial credit limit at $0.48. (Current stock price: $441.50)
*If you are new to spread trading, please watch my Bull Put Spread Coaching Session before entering the trades.