Small Account Trader PRO Alert: New XBI laddered iron condor rung

NEW TRADE: Laddered Iron Condor Rung
SPDR S&P Biotech ETF (XBI):  90.69

 

TRADE ACTION:  OPEN the XBI 10 Mar 84 /79 put and the 10 Mar 100 /105 call for a net credit of around 1.15 – 1.20

BTO the XBI 10 Mar 79 put
STO the XBI 10 Mar 84 put
STO the XBI 10 Mar 100 call
BTO the XBI 10 Mar 105 call

The Master Portfolio is trading 5 contracts.