Here is some generally directional, untied options activity that caught my eye during Thursday’s trading: 1. HRB – An interesting trade went up with the stock around $32, a trader sold 20,000 of the April …
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Regular readers know I try to steer clear of forming deep rooted macro views on the market. But for some reason at the end of last year into the start of 2015 (like others) I …
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Back on Jan 13th I had the following to say about the near term demand for U.S. Treasuries when the TLT (iShares 20 yr bond etf) was $133.50 (TLT: No Mr. Bond, I Expect You …
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The investment world is breathless with anticipation for Fed Chair Yellen’s testimony today in front of Congress. The uncertainty if and when the Federal Reserve will raise the Fed Fund rates, a rate that has …
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Following the FOMC statement TLT is again bid and sometimes you have to know when you’re wrong. We figured that between the ECB and FOMC there was a chance we’d see a change in sentiment …
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Going into the ECB QE we looked at the idea that the rally in U.S. treasuries was possibly long in the tooth and a reversal could be in the cards for TLT. We expressed that …
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I have been pretty clear on this on more than a few occasions, RiskReversal is NOT the place you peeps should go to for in depth diagnosis of the macro goings on in the markets. …
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The first words I wrote this week was this from Monday morning: I concluded: But for now, trading into and out of the Fed, I suspect we find our footing prior to the rate announcement …
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On Tuesday prior to the Fed meeting a placed a very short term bearish trade on the TLT with the thought that the commentary would calm some of the current fears in the market, and …
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The yield on the 10 year Treasury almost got to 2% this morning, down from 3% at the start of the year, and the TLT (the iShares 20yr Treasury Bond etf) nearly matched the October …
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