Roll XBI Short Call
EDITORS NOTE: NO Live Trading Session for Small Account Trader PRO tomorrow (10/7). We will be back next week for a Review Session on Thursday (10/13) at 10:30 AM and Live Trading on Friday (10/14) at 10:30 AM. Look for a separate email for the October schedule and registration.
Our XBI position is looking good. Let’s roll our short call out and up this week.
SPDR S&P Biotech ETF (XBI): 83.09
TRADE ACTION: ROLL the XBI 7 Oct 82 call to the 14 Oct 83 call for a net credit of around 0.68 to 0.72
BTC the XBI 7 Oct 82 call
STO the XBI 14 Oct 83 call
The 50K Portfolio is trading 5 contracts.