Strategy, Approach and Statistics

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Tuesday, April 3, 2012

Closed: Position 68 added: TLT Spread

Position 68 is closed at $0.86 in a day trade for 18% profits. TLT is
volatile after FOMC minutes. I am booking profit in this day trade a
little less than $0.90 target.

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TLT Calendar Spread at $0.74
(Sell APR 05 '12 112 Call
Buy APR 20 '12 112 Call)

Comments:  Market is expected to rise which will result in price drop
of TLT. A rollover to next week is likely if position doesn't perform
on expected lines. Target $0.90+


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