UDAY_C_Santhakumar

Time to get some $TLT tilt Long with BS

לונג
UDAY_C_Santhakumar Wizard מעודכן   
NASDAQ:TLT   Ishares 20+ Year Treasury Bond ETF
Nice Pop on all the Bullish Trades I had.

No matter what I think and how Bullish the market pretend to be. TLT is Tilted too steep too quickly. I want a piece of this to the Long Side. The best way to catch a falling knife is with GLOVES. Thats what Back Spread Does.
הערה:

Birds Eye View of UCS#2 Strategy and % Winner Since 2018. And the reason why I chose it.
הערה:
No more UCS1 & 2 Strategy picks. Its easy to trade em if the market is calm. If it is not, there is a high probability to make mistakes.
הערה:
I meant to say, I will post them after the market is calm.
הערה:
If you followed me on this trade. Its profitable, you can take it and run before the FOMC. I am holding it through the FOMC meeting. Because I believe "SPECULATE" that the interest rates are going to remain lower. And FEDs cannot risk increasing the interest rate in a Pandemic.

They Might Surprise US. So its your decision.
הערה:
This is trading in a tight range. I havent closed it.

Grand Slam Run happens only if you let it happen. So Will hold until the developing pattern breaks.
הערה:
TLT hasnt done anything more than what it was expected to do.


So, Hold it for one more week. This BS still profitable. The Loss Area is the area in red. TLT is trading far away so HOLD.

הערה:
Thats based on my position.
הערה:
Damn, I had a margin call this morning on my short call side of the BS.

Worked Great, Dumped it for a profit. Now holding straight calls. Will look for exit this week.
הערה:
I am sure some nice size of Margin call happened last night on TLT. Getting dumped.
הערה:
Finally closing the long side of the trade. Huge Winner, Including the Assignment.

Will probe more position here, soon a setup smiles up on it.

Uday C Santhakumar
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