Small Account Trader PRO Alert: Roll XBI Short Call

Here is the first of our alerts in this short trading week. We can roll our XBI hedged synthetic covered call short call out for a solid credit.

 

TRADE ROLL

 

SPDR S&P Biotech ETF (XBI):  80.18

 

TRADE ACTION:  ROLL the XBI 25 Nov 83 call to the 9 Dec 83 call for a net credit of around 1.20

BTC the XBI 25 Nov 83 call

STO the XBI 9 Dec 83 call

 

The Master Portfolio is trading 5 contracts