Selling our TLT put contracts.
TLT is breaking out as interest rates move lower. Fortunately, our put contracts have kept some of their premium, helping to minimize our loss as the trade moves against us. We’ll close these puts to manage risk and free up capital for more timely opportunities.
- Selling (to close) our TLT November 19th $152 Puts
- Limit $3.45 or more
- 14:58 Executed
- Sold TLT Nov 19th $152 Puts @ $3.60