Small Account Trader PRO Alert: Re-Set XLE

TRADE RE-SET

 SPDR Energy ETF (XLE):  83.57

TRADE CLOSE

TRADE ACTION 1:  CLOSE the XLE 16 DEC 91 call / 17 FEB (23) 91 call for a net credit of around 4.17.

BTC the XLE Dec 91 call
STC the XLE 17 Feb (23) 91 call

 

TRADE ACTION 2: CLOSE the XLE 16 DEC 83 call / 17 FEB (23) 83 call for a net credit of around 1.70.

BTC the XLE 16 Dec 83 call
STC the XLE 17 Feb (23) 83 call

 

TRADE RE-OPEN Single Calendar

TRADE ACTION 3: OPEN the XLE Feb (23) 83 put and XLE 30 Dec (22) put for a net debit of 2.57.

BTO the XLE 17 Feb (23) 83 put
STO the XLE 30 Dec (22) 83 put

 

 Master portfolio is trading 5 contracts.