Monday, September 24, 2012

TLT weekly, new trade sept/24/2012

TLT (30min, hourly, 4 hour, daily) charts














Looking at purely technical data, we think TLT was going sideways or higher because of the push from the last few days. Selling $121.5 weekly puts looks like a safe way to play TLT.

Trade:
Sell $121.5 weekly put
Buy $120 weekly put
(Got 30c credit)


*Please do your own research before buying any stock listed here. Disclaimer.
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