Alert: Roll XOP as adjustment and add calendar
Ticker: XOP
Price: $132.77
Date: 3/8/23 1:45 pm EST
Underlying: SPDR Oil & Gas Exploration ETF
Est. Net Debit/Credit: $810 debit
Master Portfolio Contracts: 10
Notes: Roll the 10-MAR 139 call and then open a new put calendar
Trade Detail:
TRADE ACTION 1: trade roll
BTC 10x 10-MAR 139 call
STO 10x 24-MAR 139 call
Price: 1.39 credit
TRADE ACTION 2: open a new calendar
BTO 10x 21-APR 128 put
STO 10x 24-MAR 128 put
Price: 2.20 debit
Position After Trade Action:
+10 XOP 21-APR 139 call
-10 XOP 24-MAR 139 call
+10 21-APR 128 put
-10 24-MAR 128 put