TBT long play
- Thread starter syswizard
- Start date
TBT (24.15 close)
Aug 24 calls are 0.43/0.47
Sep 24 calls are 1.55/1.58
You meant a great trade in buying Aug 24 or buy sep 24 and sell Aug 24. ( If TBT rallies even with a cusion of 30 cents ,sometimes we will have a loss as Sep 24 will not rally as much as Aug 24)
Buy write is ok. If TBT closes below 24 can sell Sep 24 again.
May be DEC 24-30 {2.52/2.56--.78/0.81}
bull call spread looks interesting.(1x1 not 2)
Aug 24 calls are 0.43/0.47
Sep 24 calls are 1.55/1.58
You meant a great trade in buying Aug 24 or buy sep 24 and sell Aug 24. ( If TBT rallies even with a cusion of 30 cents ,sometimes we will have a loss as Sep 24 will not rally as much as Aug 24)
Buy write is ok. If TBT closes below 24 can sell Sep 24 again.
May be DEC 24-30 {2.52/2.56--.78/0.81}
bull call spread looks interesting.(1x1 not 2)
I was obviously "early" with this one.
Whew....now they're talking the 10 year note going to 1.5% !!!
As usual with the markets: "it will end when it ends".
(the decline in interest dates)
At some point in time, maybe early 2012, staying short the TBT ITM puts will be a great money maker.
Whew....now they're talking the 10 year note going to 1.5% !!!
As usual with the markets: "it will end when it ends".
(the decline in interest dates)
At some point in time, maybe early 2012, staying short the TBT ITM puts will be a great money maker.
A better question for you... Is this the bottom for French banks? Answer that and I'll give you an idea on your question.
