Wednesday, September 26, 2012

TLT weekly, new trade sept/25/2012

Converted the TLT credit spread from yesterday to an iron condor today.

Trade:
Sell $124.5 weekly call
Buy $126 weekly call
(Got 30c credit)

Now my breakeven is $125.1 on the upside and $120.9 on the lower side.

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