sonidofranko

Contrarian Play

Long
sonidofranko Updated   
BATS:TLT   Ishares 20+ Year Treasury Bond ETF
Alot of chatter about bonds breaking upward.

But I'm thinking there may a short term bounce
on the tlt -

Looking at May 10 $89 - $89.5 - $90 Calls

Lotto contrarian play - Ill see what they do in the morning
Trade active:
I just sold my 4/26 calls for 100% gain -
Still have my May 10 88.5 & 89 calls up 30%
WIll hold those for 5 to 9 more trading days
Trade closed manually:
closed out remaining calls for a loss. still came up a bit,
but didn't play out like I wanted too after powell spoke.
peace
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