King TLT
This article is so good
it's for premium members only.
Does that sound like you?
PREMIUM
ONLY $30/MONTH
BILLED ANNUALLY OR $35 MONTHLY
All BASIC features, plus:
- Premium Articles: Dive into subscriber-only content, market analysis, and insights that keep you ahead of the game.
- Access to our Private X Account, The Market Ear analysis, and Newsquawk
- Ad-Free Experience: Enjoy an uninterrupted browsing experience.
PROFESSIONAL
ONLY $125/MONTH
BILLED ANNUALLY OR $150 MONTHLY
All PREMIUM features, plus:
- Research Catalog: Access to our constantly updated research database, via a private Dropbox account (including hedge fund letters, research reports and analyses from all the top Wall Street banks)
TLT closed above the 200 day for the first time in "forever". On October 23, <a href="https://themarketear.com/posts/cS1IRKR7M9" rel="noopener noreferrer" target="_blank">here</a>, we outlined the long TLT logic. We didn't think we would pick the lows, nor did we think things would explode in this fashion, but we continue to like the strategy of booking profits and rolling parts of the profits into higher call spread strikes dynamically. Chart 2 shows the explosion in TLT call volumes.