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TLT

OPENING: TLT JUNE 16TH 117/MAY 19TH 119.5 PUT DIAGONALGetting long bonds here via a net credit diagonal that I filled for a .01 credit. For diagonals and calendars, there aren't much in metrics to look at, since how much you make will depend on a wide variety of factors (i.e., IV, underlying price movement, etc.): Theta: 1.02 Delta: 7.24 Notes: The idea here is basically to reduce your cost basis in the long option with the short one. Here, the long cost .50 to contract to put on ... .
NASDAQ:TLTLong
by NaughtyPines
1
Strangle on TLTSold the 118/124 Strangle with 52 days to expiration on TLT for 1.95 credit. Always like to have trades on TLT so even thou the IV rank is low I like to add trades keeping the qty small and will look to diversify with other trades in bonds later on next week. I am basically betting that we are still in a correction and will stay between my 124 calls and 118 puts. Our break even are: 116.05 125.95 With a Probability of profit of 62%. Target is to buy it back at 50% of credit received increasing our probabilities to 75%.
NASDAQ:TLT
by AlexanderGotay
TLT Big Lizard, Neutral to bullish.Selling the 116 Straddle and buying the 118 Call for a total of $2.33 Credit. We have no risk to the upside and we are betting the Rate change is already priced in and if something strange happens and we get a move higher we don't have any risk to the upside. Our break even is at $113.67 That's 2.5% protection move to the downside. Last two times we had a rate change we had a move of 1.6% and 1.7%. With 39 days to expiration, we have a 74% probability to make money in this trade.
NASDAQ:TLT
by AlexanderGotay
TLT - This should open your eyes a litte moreJust look, study and begin to see. If you know the rules about Action/Reaction, about the Forks, you have a better sense what potentially could happen when price reaches the centerline, or breaks out of the U-MLH and comes back ("overshoot" - "back to centerline" in pink). Follow each bar, from left to right...slowly...think about what's going on bevor going to the next bar. Feel how markets swing, up and down and up and down...breathe in, breath out...contraction, release. As above so below Drop me a message if you like it, have comments or want to learn more about the Forks. P!
NASDAQ:TLT
by Tr8dingN3rd