Ticker: XBI
Price: $89.66
Date: 2/8/23 10:15am
Underlying: S&P Biotech ETF

Est. Net Credit: $7,700

Master Portfolio Contracts: 20

Notes: Close XBI double calendar.  We will get back into this ticker with a new single calendar later this week.

Trade Detail:

Trade Action 1: Close the 10 FEB/ 17 MAR 86 calendar
STC 20x XBI 17 MAR 86 put
BTC 20x XBI 10 FEB 86 put
Net Credit: $1.85 (or higher)

Trade Action 2: Close the 10 FEB/ 17 MAR 92 calendar
STC 20x XBI 17 MAR 92 put
BTC 20x XBI 10 FEB 92 put
Net Credit: $2.00 (or higher)