TBT - UltraShort Lehman 20+ Trsy ProShares - Page 3

Market is not trusting the bond.
Ponzi?

+4% today, looking good

TBT continues to rip

With negative real interest rate, TBT is a good long.
Investors are selling bond.

I agree, I bought a few Mar 11 45 calls at .90 today. Would be awfully nice if this thing can break its 200dma.

I am still deciding which calls I should buy, not good at picking calls.

Ideally, if you can get it you want to buy calls/puts on a strike with relatively high volume and a tight bid/ask. Typically contracts on 0 or 5 (i.e. 25, 30, 35, 40, etc...) strikes will have higher open interest, higher volume, and lower spreads. That's the easy part. Determining how much time you'll need for the trade to open up is a different story.


Honestly guys, what macro/government factors could induce 30yr prices back up into the stratosphere? The FED has made it pretty clear that their focus is on the short end of the yield curve. Only 4% of the QE purchases will be on 20+ Yr Bonds. The entire bond market is not in a bubble but the longer dated securities out on the curve certainly are. Who else in their right mind would purchase 20-30 Yr Treasuries right now?

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Added to my TBT calls today currently holding Dec 38's and Added Jan 39's at 1.16 today. Was watching TLT for a break below support and got it today with a close at 95.61. Broke and closed below the 6 month support of 95.77....

TBT has been rocking it! Now hitting $39

Yep making some nice change off those Jan calls. Sold the Dec calls...

Even Better been waiting quite awhile for this....

Saw 40 =) looking good

no stopping it.

I was looking at $40.30 resistance, if it takes that out, the next level is $41.35 which would also be a long term downtrend line.

Yeah looking to exit here... Been holding these since mid Nov. Time to take some profit Exited at 2.38 Patience wins again

I think this can head to 50s in the short term, im looking to go long when it has a shallow pullback from normal profit taking, to about 38.38 which is the 200d

Time to load up?

I would try for something closer to the $38 level, this could possibly go all the way back to $36 if this up leg is done.

agreed

Couldn't hold the 200d, still in a downward trend since yesterdays high, seems like next stop could be that 20d @ 37.14, could be a good place for entry, looking to load up myself or at least a starter position