TLT - Jun 19 expiry 150 strike PUTS
I bought these puts last week. The lower weekly open is a good sign.
This is one of few instances where I supplemented my technical analysis with an economic "what if" view. If something causes treasury yields to move up, or even if it is a temporary spike due to "uncontrolled" circumstances, TLT price will make a quick move lower and this is what I am looking to profit on. I rarely go this far out in time. Options are cheap though so it makes sense to give this time to play out, and I have plenty of time to exit position with a small loss.
This is one of few instances where I supplemented my technical analysis with an economic "what if" view. If something causes treasury yields to move up, or even if it is a temporary spike due to "uncontrolled" circumstances, TLT price will make a quick move lower and this is what I am looking to profit on. I rarely go this far out in time. Options are cheap though so it makes sense to give this time to play out, and I have plenty of time to exit position with a small loss.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.