-$117 Loss
TLTLong Option
fishstyxx

I didn't understand this trade, so I should have never entered it. It had to deal with how Powell would effect interest rates and how those were going to affect the 20 year treasury bond. I've never really studied the bonds, notes and how one has a reverse effect on the other. Jeff Zananiri had recommended this one, so just followed blindly. When I pull up the TLT it's at 99.15, so betting it would drop was the wrong move

000

DatePrice
Entry11/29/20231.17
Exit12/15/20230.00
  • Total Views84
  • Position Size1
  • Percentage-100%
  • Option TypePUT
  • Strike91.5
  • Expiration12/15/2023
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