Short Term trade on Zoom & Teledoc

As travel stocks are declining shares of Zoom (ZM) and Teledoc (TDOC) are rising. Businesses and medical professionals are using these platforms to keep business going and this should propel shares higher from current levels.

ZM shares are around $105 today and TDOC shares trade at $116, we are selling Puts on both of these to generate income as follows:

Sell the March 2020 $75 Put on ZM for $1.10

Sell the March 2020 $100 Put on TDOC for $2.25.

These two trades will pay a total of $3.35 today and we don't anticipate having to purchase the shares unless they drop below the strikes in the next month prior to March expiration.  This should be a low-risk trade.