Energy stocks have traded down with the market over the last 4 days. Let’s add a second lower leg to our position for a net debit.

TRADE ADJUSTMENT: Add New Leg

SPDR Energy ETF (XLE):  85.31

TRADE ACTION:  OPEN the XLE 17 Feb (23) 83 call and the 16 Dec (22) 83 call for a net debit of around 3.00 to 3.10

BTO the XLE 17 Feb (23) 83 call

STO the XLE 16 Dec (22) 83 call

The Master Portfolio is trading 5 contracts.