Energy stocks are running with the market. We will need to adjust our XLE energy calendar spread today by adding a new calendar spread above the current price.
TRADE ADJUSTMENT: Add 3rd Calendar Leg
SPDR Energy ETF (XLE): 89.82
TRADE ACTION: OPEN the XLE 20 Jan (23) 92 call / 4 Nov 92 call for a net debit of around 4.10
BTO the XLE 20 Jan (23) 92 call
STO the XLE 4 Nov 92 call
The Master Portfolio is trading 5 contracts.