nalyzing the ETF Market iShares Long-term Bond Fund (TLT) lost 21 cents to $125.49 and a 3X4 put spread trades on the fund Monday. The investor sold 15,000 August 127 puts on the ETF at $1.13 per contract and bought 20,000 September 125 puts for $1.90. Looking at the history of the Aug 127 puts...