Small Account Trader PRO Alert: XLE Trade Adjustment

Energy stocks are trading higher these last 2 days on stabilizing oil prices. Time to add a second leg to our XLE calendar trade position.

 

TRADE ADJUSTMENT: Add New Calendar Spread

 

SPDR Energy ETF (XLE): 86.06

 

TRADE ACTION:  OPEN the XLE 17 Feb (23) 88 call and the 30 Dec (22) 88 call for a net debit of around 3.15

BTO the XLE 17 Feb (23) 88 call

STO the XLE 30 Dec (22) 88 call

 

The Master Portfolio is trading 5 contracts.