Wednesday, April 20, 2016

TLT Perspectives...04.20.16

Checking the M1 platform (mean reversion mode) shows TLT struggling to reach new highs but the recent PONZO suggested a likely consolidation at this level so we may have to adopt a more passive approach to milking TLT for the time being.
One possible vertical call spread is shown at the end of this post although savvy readers can probably improve the risk/reward by toying with the parameters a bit.