Monday, March 28, 2011

Buy TLT (sell puts)

Buy TLT via selling May 86 puts, TLT @92.4. Support at 88 and 87. In my mind, this is like placing a bid at 86, and getting paid if it doesn't fill, and being okay with it if it does fill.

Long EEM, GDX, GLD, IWM, SPY, TBT, TLT
TBT/TLT = short strangle on TLT

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