GodspeedInvestments

21feb20 TLT Options Play P:$480 L:$20

Long
NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
Long Put Butterfly
Buy: 1x 121 put
Sell: -2X 126 put
Buy: 1x 131 put

Cost per play: .20$ x100 = 20$

Profit:$480
Loss: $20
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