We made good money shorting
TLT
into the summer down to the initial target I had of $88. Then we flipped long again and I exited my longs earlier this month on Dec 7th. Now, as you can see from the first chart , we've come up against resistance and I think it's time to flip short again to retest the lows.
How low we go is TBD, but I think this move could go to at minimum $95 and at maximum retest, or barely sweep the lows.
I bought some puts yesterday with a strike of $97 for a few months out.
Note: There is a possibility that we get one more retest of the highs before it starts falling (if this happens, I'll add more to my position).
How low we go is TBD, but I think this move could go to at minimum $95 and at maximum retest, or barely sweep the lows.
I bought some puts yesterday with a strike of $97 for a few months out.
Note: There is a possibility that we get one more retest of the highs before it starts falling (if this happens, I'll add more to my position).
코멘트:
So far looking like this move is playing out.
코멘트:
Looking like we get to that $95 support on Monday or Tuesday. I'm taking gains and then buying calls in some individual stocks. Think we have 2 or so weeks of upside before I fully flip short.
코멘트:
Sold out of my put this morning. Will reenter if we get back to $100 area
코멘트:
Looking for one more retest of $97 before reentering my puts.