http://www.marketwatch.com/story/eu...yellens-rate-hike-message-sinks-in-2016-08-29 http://www.marketwatch.com/story/he...ng-rule-footnoted-in-yellen-speech-2016-08-26 Yellen wants to raise rates and is looking for reasons to do so. http://stockcharts.com/h-sc/ui?s=TLT Trade With TLT at 139.46 Jan 155/160 bear call spread for a net credit of $25 Yield = 25/475 = 5.3% in 144 days or 13.3% annualized Prob = 90% Price............. Profit / Loss........ ROM % 105.00................. 25.00............. 5.30% 125.00................. 25.00............. 5.30% 140.00................. 25.00............. 5.30% 155.00................. 25.00............. 5.30% 155.25................... 0.00............ 0.00% 160.00................ (475.00)....... -94.70% 166.00................ (475.00)....... -94.70% 180.00................ (475.00)....... -94.70% 200.00................ (475.00)....... -94.70% Filled at $25
TLT is awesome for strangles because you don;t have bullshit skew that SPX has. but at the same time, much less risky than commodity futures or stocks FB is great for selling puts