- This topic has 4 replies, 1 voice, and was last updated 6 years, 10 months ago by .
Viewing 5 posts - 1 through 5 (of 5 total)
Viewing 5 posts - 1 through 5 (of 5 total)
- You must be logged in to reply to this topic.
Become a Great Options Trader
Home › Forums › Closed Trades › [CLOSED +15%] Fade in TLT
After being in a tight range for 5 months, treasuries are hitting the measured move level right around 140.
The etf is up 7% in 20 days, and up over 4% in a 5 day period. These tend to mark overbought levels.
We’ll start with selling some call spreads… scaling in.
Adding to the spread here at .80, with intent to close this round at .50
Will add the final round at 1.10
Currently the trade has two fills: 0.50 and 0.80
I’m going to close half of the spreads at 0.40.
Full Time Profits Order Ticket | ||||
Type | Asset | Duration | Strike | C/P |
---|---|---|---|---|
BTC | TLT | Aug | 145 | Call |
STC | TLT | Aug | 148 | Call |
Total Debit: | 0.4 |
Taking profits on the rest here:
Full Time Profits Order Ticket | ||||
Type | Asset | Duration | Strike | C/P |
---|---|---|---|---|
BTC | TLT | Aug | 145 | Call |
STC | TLT | Aug | 148 | Call |
Total Debit: | 0.2 |