As in the past, the TLT continues to be the narrow range, low risk money maker using option butterflies and iron condors. The only downside to this winning strategy is the low premium returns reflective of the continuing low volatility levels. Nevertheless, on a risk/reward basis this weekly options approach has seen 11 winners and 1 loss over the past 12 weeks.
Trader's Outlook is bullish on the trend but neutral on "cloudy" risk dynamics.
