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TLT

TLT +.41% / While 20Yr @ High Yield of Month 2.06%Today's 20 Year Auction was sloppy and dangerous for Wood Panel FanBoys. We released the Mastif's who chased Eddie Munster off our land. Alexandra put a few 10 Gauge Triple Otts in Steve's BUttocks for good measure. Hopefully, this will suffice. IF not - it's on to more persuasive actions. Alex adores the thought. ________________________________________________________________ www.treasury.gov Bonds are seeing further FED Props. Jit's Nasty out there for the 007s. ZN is barely hanging on... Price Objective for ZN 129.55 Structure is Weakening DOW at Session Lows. Crude Dumpster Fire. ___________________________________________________ Bond Market Dislocations ahead.
NASDAQ:TLT
by HK_L61
7
TLT - ROCs @ Mid Curve007s have been back announcing the latest "Sure Thing" in Scottish Moors. Just bring back the Wood Paneling, please. We would appreciate Steve leaving our Front Yard. _______________________________________________ TLT has not closed over its recent Highs. All Bets at the Flamingo's Roulette Wheel are on 33. _______________________________________________ With the 2nd highest ROC in a few weeks @ +7.75%... Sightings of "Wrong Way Conway" @ Gilligans Isle/ We'll Oppose - as when we hear Metal to Metal contact, loud crunching sounds, glass breaking, blood, and bags of Frito Lays strewn about... Train Wreck.
NASDAQ:TLT
by HK_L61
6
TLT - Beyond the Flamingo's Velvet RopesIn the Shadow of the Flamingo's Cheetah cordon, Casino Royale's Buy-In has begun. A Global Game of Chance? No. Baccarat, amongst the Participants, is simply a matter of Bank / Player. The Bank has a 2.5% edge. Wealthy Participants are enjoying the "Vesper" - an elixir of extraordinary mixology - Three measures of Gordon's, one of vodka, half a measure of Kina Lillet. Fruit and Quinine - Ms. Kina, can be toxic if copious quantities are ingested. _______________________________________ Insiders began pacing Out-Sized Put Bets on 007. We have our next setup for TLT and are engaging it with a large SELL into the weak retracement, which as indicated would fill those overhead Gaps. Never run to the Baccarat Table, walk, saunter, swagger, swill a Kina in rhythm to stride. Our Sells are neatly stacked within our several Racks, to be placed and pay the House Vig. _______________________________________ Looking beyond the Velvet ropes - We are sellers again of Tilt-Lose-Tilt. Perpetual Bonds with Negative Rates of Return... Playa Play played. No time to die. ps. spoiler - 007 Dies
NASDAQ:TLT
by HK_L61
4
Trade Idea (TLT): Shorting 20+ Year Paper Via Ratio BackspreadA setup to take advantage of a potential rising interest rate environment without knowing exactly when rate hikes will occur. Typically, this is set up by buying two of the back month 75 deltas and selling the front month 50 delta, such that you create a spread or diagonal with a net delta metric of around 100 (+100 if a bullish assumption spread or digaonal; -100 if bearish). Here, I would buy the June 75 delta 163's, and sell the December at-the-money 144, resulting in a net delta of -101.65. With a buy-in of 40.81 at the mid ($4081), it isn't particularly cheap, but certainly cheaper than shorting 100 delta of TLT shares outright and with multiple opportunities to reduce cost basis by rolling out the short put aspect if a move isn't immediately forthcoming. From a trade management standpoint I either (a) look to roll out the short put aspect to reduce cost basis further if the long put vertical aspect (i.e., one of the long put contracts + the short put aspect) of the setup doesn't converge on max; (b) look to take profit on the long put vertical aspect as soon as it converges on max and allow the remaining long put contract to either "ride" or cap it off by selling a short put against, creating a "new" long put diagonal. Variations: A long-dated, static long put vertical with lower net delta, specifically targeting 136: TLT June 17th 136/155 Long Put Vertical (Buying the 155, Selling the 136) Buying Power Effect: 10.78 ($1078) Break Even: 144.22 vs. 144.13 (Friday's Close) Delta: -33.62 Max Profit: 8.22 ($822)
NASDAQ:TLTShort
by NaughtyPines
1
TLT - Opprotunity Approaching once againTLT is aimless, wandering the desert which is Bonds. ZN has made new Lows for 2021 and continues to squat over the 130 Level. We believe it will fail as 10 Year Yields begin to complete their Consolidation and cross the 1.645 Level - indicating a move back to the 2021 Highs. We will be entering a SELL on Shares only. IV is not tempting enough at present as the Bond Bid has been absent - today's 8AM EST resolution will provide far more information for the larger trade here. BUlls are eyeing the large Gaps overhead, believing they are next. We're not convinced they are correct, the 172s are a which Implies Extreme Negative Returns. Perpetual Bonds is al 007s will Clip while watching the Capital Dissolve over time. To each their very own.
NASDAQ:TLT
by HK_L61
4