Buy TLT via selling Oct 95 puts TLT@107.6
Option cycle is moving towards decay with Labor Day coming up. As I wrote, I see little chance that the Fed will let interest rates boom higher. I am already short some Sep puts and Oct 92 puts on TLT. Just like my most recent trade, by the time I type this up, it is moving against me, with TLT now at 106.7 on news. Woof.
Long GLD, PFF, SPY, TLT
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