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King TLT

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TLT closed above the 200 day for the first time in "forever". On October 23, <a href="https://themarketear.com/posts/cS1IRKR7M9&quot; 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.

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