Strength in Bios 6-20-18

Below is a daily chart of SPDRÂ S&P Biotech ETF (XBI).   Trade #1:    Over $99.08, consider buying Jul (7/20) $92 calls (30 DTE) and selling Jun (6/29) $101 calls (9 DTE) for mid-point but a limit of $7.15/share (closed at $7.07/share).   Option Strategy:  ...