Alert: XOP adjustment
Ticker: XOP
Price: $138.04
Date: 2/2/23 11:00am
Underlying: SPDR Oil & Gas Exploration ETF
Est. Net Debit: $1,300
Master Portfolio Contracts: 10
Notes: We’re rolling our short call and adding a new calendar to our position
Trade Detail:
TRADE ACTION 1:
BTC +10x 3-FEB 144 call
STO -10x 17-FEB 144 call
credit of around 1.40 – 1.49
TRADE ACTION 2:
BTO +10x 17-MAR 135 put
STO -10x 17-FEB 135 put
debit of around 2.60 – 2.70