nice bid from TIPS auction 60% direct/indirect bidders highest in a while!
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Anybody else short US 30 Bond
- Thread starter richard_m
- Start date
I cant believe Iam bullish on these things but Iam. Bonds are in a bubble. I believe this bubble will last longer than 2 months. I bought some out of the money call options on tlt.
As for the actual 10Y and 30Y markets, they are absolutely destroyed by this lack of liquidity. Its so depressing I went from trading 120 lots in the 30Y to 6 lots in the ten year now. It sucks more than anything has ever sucked before.
Any other horror stories out there?
Jesse
As for the actual 10Y and 30Y markets, they are absolutely destroyed by this lack of liquidity. Its so depressing I went from trading 120 lots in the 30Y to 6 lots in the ten year now. It sucks more than anything has ever sucked before.
Any other horror stories out there?
Jesse
Quote from robustdeus:
I cant believe Iam bullish on these things but Iam. Bonds are in a bubble. I believe this bubble will last longer than 2 months. I bought some out of the money call options on tlt.
As for the actual 10Y and 30Y markets, they are absolutely destroyed by this lack of liquidity. Its so depressing I went from trading 120 lots in the 30Y to 6 lots in the ten year now. It sucks more than anything has ever sucked before.
Any other horror stories out there?
Jesse
quick response b4 ADP I used to spread 5 by 50 in the cash market and trade 20-30 lots outright now I trade 1 by 10 in the spread and don't trade more than 4 ZB or 10 ZN but it moves so much you can have a real good or bad day with a few trades so many primary dealers and bank trading desks gone so sad sometimes I trades spooz just to see volume these days but they have become a choppy piece of $hit as well...
you can trade as big as you want but with the bid ask 100/120 all day if you trade a 100 lot + and someone sweeps the book with a 2000 lot and you're on the wrong side you just lost 15K+ in a second too much risk. Maybe size will come back one day...The only way to do it right now is to scale into a position.
Quote from Mav88:
Please tell me you are kidding, I'm trading 2-3 lots on ZN, but the Best I can hope for is 6-10? I had no idea things were this bad...
not kidding, You can trade more size, but you cant scalp it. Theres no such thing as short term edge when there is no size behind you.
Where did you hear about the 10 deep?