Below are the trades I recommended in today’s Options Income Blueprint Live Trading Session. You can watch a recording of the session here.
Note that option prices may have moved since the Live Trading Session. Please do not chase the trades by accepting less premium than the “go as low as” price recommended below. Work your limit orders but exercise patience and let the trades come to you.
General Motors (GM)
Current Stock Price: $59.07
Action: Sell to open GM 2 Jul 59 put for $0.64 (go as low as $0.57)
Recommended Limit: Set your initial limit order at $0.64. You can go as low as $0.57, but please don’t start there and always use limit orders.
Expiration: After the close on Friday, July 2.
Twitter (TWTR)
Current Stock Price: $68.40
Action: Sell to open TWTR 2 Jul 67.50 put for $0.57 (go as low as $0.50)
Recommended Limit: Set your initial limit order at $0.57. You can go as low as $0.50, but please don’t start there and always use limit orders.
Expiration: After the close on Friday, July 2.
SunRun Inc. (RUN)
Current Stock Price: $57.83
Action: Sell to open RUN 16 Jul 55 Put for $2.35 (go as low as $2.10)
Recommended Limit: Set your initial limit order at $2.35. You can go as low as $2.10, but please don’t start there and use limit orders.
Expiration: After the close on Friday, July 16.