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Out of neutral spread, looking for directional again.
Hello Traders,
I've exited my neutral options spread on
TLT today for decent gains as price retreated back to the center of it.
I am now looking for the potential to add back into a directional position onIEF (better cost basis then TLH or TLT) through common shares if we get a bounce at the 23.6% fibonacci level. Stop will be announced in the updates section if I decide to add back into a bullish position.
Anyhow, good luck to any in bond positions.
Trade smart, and with a plan. Cheers.
=)
I've exited my neutral options spread on
TLT today for decent gains as price retreated back to the center of it. I am now looking for the potential to add back into a directional position on
IEF (better cost basis then TLH or TLT) through common shares if we get a bounce at the 23.6% fibonacci level. Stop will be announced in the updates section if I decide to add back into a bullish position. Anyhow, good luck to any in bond positions.
Trade smart, and with a plan. Cheers.
=)
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