OPENING: TLT APRIL 17TH 149/153 LONG PUT VERTICAL
... for a 2.13/contract debit.
Metrics:
Max Profit: 1.87
Max Loss: 2.13
Break Even: 150.87
Notes: With yield of the 10-year T-note at multi-year lows and TLT at multi-year highs, taking a small directional shot with nearly risk one to make one metrics.
Metrics:
Max Profit: 1.87
Max Loss: 2.13
Break Even: 150.87
Notes: With yield of the 10-year T-note at multi-year lows and TLT at multi-year highs, taking a small directional shot with nearly risk one to make one metrics.
Trade closed manually:
Not everything works out, particularly directionals. Pulling this off here for less than max loss for a .49/contract credit, a 1.64 ($164)/contract loser.