(or its inverse, TBT
) is one of my bread and butter trades, and I have a trade on in it virtually continously, or so it seems. As with the index trades, I like to put one TLT
trade on each week (I frankly prefer it to TBT
, since it is a little "juicier" in terms of credit received), ideally as close to 45 DTE
Although I do have an iron condor on in TLT
at the moment (the result of a roll of a previous iron condor when the call side was breached), I am looking to add another position should volatility
Unfortunately, it still isn't there. Current IVR
is at 17, too low for my tastes (I generally like to see 35+).