Profit_Link

TLT - Potential Long Setup

Long
Profit_Link Updated   
NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
Quick setup that i am watching (but not going to take due to portfolio skew is already net short)

Ticker: TLT

Position:
- March 20th 2020 Expiry
- $137 Strike Call
- Delta = 0.70
- Cost = $4.18/ contract (mid offer)

Profit Target/ Exit:
- Initial target = $144
- Exit = close below the daily 200 SMA
Trade closed: target reached:
Book order for:

$137 Strike = $7.72 (mid offer)

84% Profit in 5 days

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