Small Account Trader PRO Alert: XBI Adjustment

TRADE ADJUSTMENT

 S&P Biotech ETF (XBI):  88.91

 

TRADE ACTION 1:  CLOSE the XBI 10 FEB 70 / 75 put for a debit of around 0.04
BTC the XBI 10 FEB 75 put
STC the XBI 10 FEB 70 put

 

TRADE ACTION 2: OPEN the XBI 10 FEB 80 / 85 put spread for a credit of around 0.72
STO the XBI 10 FEB 85 put
BTO the XBI 10 FEB 80 put

 

The master portfolio is trading 5 contracts.