125th Trade: BUY to OPEN Five (5) Ultra Short Lehman 20+ T-Bonds (TBT) July 55 Calls (TVT GC) @ 3.20 or better – this is a DAY ORDER
Current Price of TBT is 55.15
Current Bid/Ask on the option is 3.30 to 3.50
After your Entry, put your SELL STOP @ 1.60
Trade Type: This is a Technical Analysis Trade — multi-month break out
Rationale: Today, TBT is trading at its +2 sigma