Huge Put Buyer in TLT - Short TLT Short
iShares 20+ Year Treasury Bond ETFNASDAQ
Description
⋅ 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....