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.