TRADE ALERT: XLE adjustment

TRADE ADJUSTMENT
Energy ETF (XLE): 78.57

TRADE ACTION 1: Roll the XLE short put for a net credit of around 0.55 – 0.65
BTC the XLE 12 MAY 81 put
STO the XLE 26 MAY 81 put

TRADE ACTION 2: Roll the XLE short call for a net credit of around 0.28 – 0.33
BTC the XLE 12 MAY 85 call
STO the XLE 26 MAY 83 call

 

Master Portfolio is trading 7 contracts