Small Account Trader PRO Alert: New XLK Broken Wing Butterfly

 

NEW TRADE: Bearish Broken Wing Butterfly

SPDR Technology ETF (XLK):  124.04

 

TRADE ACTION: OPEN the XLK 20 Jan (23) 123 call / 128 call and the 20 Jan (23) 123 / 122 put for a net credit of around 2.39

STO the XLK 20 Jan (23) 123 call
BTO the XLK 20 Jan (23) 128 call
STO the XLK 20 Jan (23) 123 put
BTO the XLK 20 Jan (23) 122 put

The Master Portfolio is trading 5 contracts