NEW TRADE: Broken Wing Butterfly

Vaneck Oil Services ETF (OIH): 272.54

TRADE ACTION: OPEN the OIH 4 Nov 260/255 put and 260/262.50 call broken wing butterfly trade for a net credit of around 3.08 to 3.10

STO the OIH 4 Nov 260 call
STO the OIH 4 Nov 260 put
BTO the OIH 4 Nov 255 put
BTO the OIH 4 Nov 262.50 call

The 50K portfolio is trading 5 contracts