I wanted to wait for a pull back to get some theta back into TLT - here it is.
Sept 115/122 Put Spread (IRA) for $.63, 3 contracts.
2x stop loss, 50% win mgmt.
Sept 115/122 Put Spread (IRA) for $.63, 3 contracts.
2x stop loss, 50% win mgmt.
Trade closed: target reached:
5 Days into this trade, we're already at 41% winner. Covered at $.37 db.