By NavigationTrading - Filled 1/26/2018
BUY +3 VERTICAL TLT 100 16 MAR 18 127/123 PUT @2.54 LMT
New Long Put Vertical in TLT. Looking for further downside in price and an exansion in IV to benefit this position.
It also gives us some long delta to help offset our overall short bias (beta weighted to SPY).
Will look to close winners at 30-50% of max profit.