Small Account Trader PRO Alert: Close XLF Trade
Continuing to benefit from solid financial company earnings reports, our XLF Broken Wing Butterfly has reached “full profit” (about 50% of max profit). Let’s close it today and take the gains. We can re-open a new XLF trade again later this week or in our live trading session on Friday (10:30 AM).
SPDR Energy ETF (XLF): 32.80
TRADE ACTION: CLOSE the XLF 28 Oct 26 / 31 put and 28 Oct 32 /32.50 call broken wing butterfly for a net debit of around 0.38 to 0.40
STC the XLF 28 Oct 26 put
BTC the XLF 28 Oct 31 put
BTC the XLF 28 Oct 32 call
STC the XLF 28 Oct 32.50 call
The Master Portfolio is trading 5 contracts.