Earlier this week I showed you how to collect income on CRWD selling put options by following the the greatest traders are doing. As a reminder large investors are required to file form F13 with the SEC every quarter providing investors valuable information on what these great traders think and how they are playing this market.

The same gurus who bought CRWD last quarter are also taking or adding to their positions in TMUS. These great traders include: David Tepper, Stanley Druckenmiller, George Soros, Steven Cohen, Paul Tudor Jones, and Joel Greenblatt.

T-Mobile (TMUS) is the third largest telecommunications carrier in the U.S. by market value providing service to 98 million customers. It currently ranks best in customer sanctification and has had success with its "America's Un-carrier" marketing strategy. The company has the largest 5G network in the U.S. and offers simple no contract plans with free data roaming in 210 countries.

TMUS stock is in a strong uptrend and gurus are buying.

It is time to join the gurus by collecting Put Income Today

Sell to Open the September 18 $116 puts on TMUS for $2.50 using a limit order. You will earn an instant 2.15% on your $116 purchase obligation.

At expiration if shares are above $116: put sellers will keep the $2.50 for a 35.76% annualized return.

At expiration if shares are below $116: put sellers will buy shares at about 1.5% below recent stock price trading. You will now own 100 shares of stock for every put sold and can start selling covered calls to earn additional income.

For protection use a stop loss of 91.75 (just below the 200 day moving average). This provides about 20% of downside movement on your adjusted cost basis (116- 2.50 premium received). Even the greatest companies need room for normal market corrections but below the 200 day moving average will technically start a new bear trend.

Disclosure: I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. The information provided should NOT be considered advice. The topics discussed are risky and have the potential to lose a substantial amount. I am not an investment professional and therefore do not offer individual financial advice. Please do your own research before investing.

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