Income Masters Trade Alert: XBI
Let’s roll our SPDR S&P Biotech ETF (XBI) put out two weeks and to a lower strike to avoid possible assignment and generate more income. Current Stock Price: $82.01 Cash in Hand: $0.83 Action: Buy to close the XBI 4 Aug 83.50 Put Sell to open the XBI 18 Aug 83 Put Set initial credit…