InterestRateArb
Short

Huge Put Buyer in TLT - Short TLT

BATS:TLT   ISHARES 20+ YEAR TREASURY BOND ETF
455 3 1
at 11am today paper bought (when long) a opening option position of
23,000+ OCT12 $TLT 124 Puts today for $1.97.

Big Money is either hedging a huge stock position 11 million +/-

or Huge Bearish option trader just showed us his play....

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