Small Account Trader PRO Alert: New XLE Trade
NEW TRADE: Double Calendar Spread
SPDR Energy ETF (XLE): 81.84
TRADE ACTION 1: OPEN the XLE 20 Jan (23) 76 call and the XLE 4 Nov 76 call for a net debit of around 2.94
BTO the XLE 20 Jan (23) 76 call
STO the XLE 4 Nov 76 call
TRADE ACTION 2: OPEN the XLE 20 Jan (23) 87 call and the XLE 4 Nov 87 call calendar spread for a net debit of around 2.94
BTO the XLE 20 Jan (23) 87 call
STO the XLE 4 Nov 87 call
The 50K portfolio is trading 5 contracts