TBT new trade, downside, Apr/10/2013

Our custom scanner had TBT and TLT in the alert. Looks like TLT may make all time highs in coming months and will take some position in there too. Does that mean hard times for the markets? We will have to wait and watch!

Was waiting for a good point in TBT to short again. Going with a safer bet using a calender. My trade below:

TBT Daily

ProShares UltraShort 20+ Year Treasury ETF (TBT) put calender:
Sell $59  April monthly put
Buy $59  May monthly put
(Debit $0.47)

*Please do your own research before buying any stock listed here. Disclaimer.
>> Subscribe to our posts.