Close TLT short strangle TLT@130.4
I buy back Aug 115 puts and Aug 138 calls for a 28% net profit*. TLT US 20-year treasury ETF breaks June 1, 2012 high. Again, because of upcoming travel, I'm lowering my risk profile.
Long BRKB EWG XRT
Net long LGF IWM SPY
* 28% net profit is basis the initial credit, return on capital much lower because of margin requirements