Wednesday, January 11, 2012

TLT Hedge

Needed some bullish market hedge for the long side:

Trade:

  • Sell -3 Vertical TLT Feb12 123/125 call @.44
  • Max Profit: $132
  • Max Loss: $468
  • Market Goes up Bonds Come Down
  • Couldn't find anything that was oversold so went the TLT. Trying to keep it mechanical

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