Energy stocks are trading higher these last 2 days on stabilizing oil prices. Time to add a second leg to our XLE calendar trade position.
TRADE ADJUSTMENT: Add New Calendar Spread
SPDR Energy ETF (XLE): 86.06
TRADE ACTION: OPEN the XLE 17 Feb (23) 88 call and the 30 Dec (22) 88 call for a net debit of around 3.15
BTO the XLE 17 Feb (23) 88 call
STO the XLE 30 Dec (22) 88 call
The Master Portfolio is trading 5 contracts.