Home › Forums › Swing Trades › Oversold Trade in TLT › Reply To: Oversold Trade in TLT
May 29, 2015 at 2:13 pm
#3676
Steven Place
Keymaster
Going to close here.
I never did add the second round of spreads because I didn’t feel comfortable with this trade. This was most likely a function of being too early, and if I’d received a higher credit it wouldn’t have been a problem.
I’ve done this a few times before with TLT where I’m too early and not getting enough credit, so if I play “buy the dip” again in treasuries, I need to have more patience with my entries.
Buy to close TLT Jun 117/114 bull put spread @0.17