Small Account Trader PRO Alert: Close XLE Trade
We currently have a profit on our XLE position. Energy stocks have traded higher for the last month but look like they may be stalling out here. Let’s close our position today for a profit and we’ll to see if we can reset it tomorrow during the live trading session.
TRADE CLOSE
SPDR Energy ETF (XLE): 91.04
TRADE ACTION 1: CLOSE the XLE 18 Nov 87 call and 20 Jan (23) 87 call for a net credit of around 3.20
BTC the XLE 18 Nov 87 call
STC the XLE 20 Jan (23) 87 call
TRADE ACTION 2: CLOSE the XLE 18 Nov 94 call and 20 Jan (23) 92 call for a net credit of around 4.50
BTC the XLE 18 Nov 94 call
STO the XLE 20 Jan (23) 92 call
The Master Portfolio is trading 5 contracts.