Yesterday, a new spread trade in bond ETF TLT was made. On Tuesday, a June 7th $131.50 call and $130.50 put spread was purchased for $0.87 before fees and commissions. The goal is to see the trade reach $2.00. some reasons for the trade are below. Stop loss pricing has been instituted.
- Stock rebound
- Fed speakers all week
- Big data (oil, jobs, auctions) out all week
**
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diligence before trading or investing. If you would like up to the
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