Let’s continue to add cash income to our XLE diagonal spread. We’re going to roll our short call out one week and down a strike.

TRADE ROLL

SPDR Energy ETF (XLE):  84.25

ACTION:  ROLL the XLE 24 Feb 86.50 call to the XLE 3 Mar 85.50 call for a net credit of around 0.80 to 0.84

BTC the XLE 24 Feb 86.50 call

STO the XLE 3 Mar 85.50 call

Master Portfolio:  5 contracts

Note: This adjustment will require another $100 in options buying power per contract.