Small Account Trader PRO Alert: Open New XLE Leg
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.