Alert: Adjust XBI by adding calendar

Ticker: XBI
Price: $74.82
Date: 3/10/23 1:15 pm
Underlying: S&P Biotech ETF

Est. Net Debit/Credit: $4920 debit

Master Portfolio Contracts: 20

Notes: Need to adjust our XBI trade to keep up with market moves.  We’re adding a calendar.


Trade Detail:

BTO 19 MAY 73 put
STO 17 MAR 73 put
Price: 2.46 debit

Position After Adjustment:
-20 XBI 17 MAR 82.5 put
+20 XBI 19 MAY 82 put

+20 XBI 19 MAY 73 put
-20 XBI 17 MAR 73 put