TRADE CLOSE:  Laddered Iron Condor Rung

SPDR S&P Biotech ETF (XBI):  85.48

TRADE ACTION: CLOSE the XBI 24 Feb 78 /83 put and the 24 Feb 94 /100 call for a net debit of around 1.10

BTC XBI 24-FEB 94 call
STC XBI 24-FEB 100 call
BTC XBI 24-FEB 83 put
STC XBI 24-FEB 78 put

The Master Portfolio is trading 5 contracts.