Alert: Close XBI

Ticker: XBI
Price: $76.89
Date: 4/6/23 12:50 pm
Underlying: S&P Biotech ETF

Est. Net Debit/Credit: $8600 credit

Master Portfolio Contracts: 20

Notes: We are closing out of the XBI position.  We will open a new XBI position and will send that alert shortly. 

 

Trade Detail: 

TRADE ACTION 1: 
STC 20x XBI 19-MAY 73 put
BTC 20x XBI 6-APR 73 put

Price 1.78 credit

TRADE ACTION 2:
STC 20x XBI 19-MAY 78 put
BTC 20x XBI 6-APR 78 put

Price: 2.52 credit

Position after trade detail:
we are out.