LastBattle

Grab some treasury on a full bus of bears!

Long
LastBattle Updated   
NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
Despite the bond bubble right now, I believe there's some room for another rally in bonds.
The election of trump have seen stocks driven to record highs, and bonds/treasury/gold crushed. The longest stretch of inflows into US equities since 2014 when the dollar rallied 20%.

Net short in 10 year bonds are currently at record lows: (-500,000)
i.imgur.com/0cfU6Jy.jpg (courtesy of zerohedge)

A large covering of shorts could drive bonds much higher in the coming days into Q4 earnings season. I believe a buy at this level is a pretty reasonable risk reward on the backs of the majority in the market... (4% stops, 20% tgt)
Comment:

Some spike in FEB 2017 ~ 126 calls.... forming a nice flooor right now at $118
Comment:

Coming :) This is just the beginning
Comment:

Out. 121.5 call spread. Max profit hit.
Waiting for retracement to re-enter with another call spread further into Feburary

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