Below are the trades from today’s Income Masters Live Trading Session.
TRADE ONE: Sell to open the Williams-Sonoma (WSM) Jun Monthly (6/18) 165 Put for around $2.77. You can go as low as $2.50, but please don’t start there and always use limit orders. (Current stock price: $171.37)
TRADE TWO: Sell to open the Brinker International (EAT) Jun Monthly (6/18) 55 Put for around $1. You can go as low as $0.85, but please don’t start there and always use limit orders. (Current stock price: $57.92)
TRADE THREE*: Buy to open the Square (SQ) Jun 2022 (6/17/22) 150 Call for around $82.95 and sell to open the SQ Jun Monthly (6/18) 230 Call for around $5.80. Set initial debit limit at $77.15. (Current stock price: $223.11)
*If you are new to LEAP call spreads, please watch my LEAP Call Spreads Coaching Session before entering the trade.