Distribution Top in 30 year Bonds??
YOU MUST ALWAYS BE AWARE THAT THERE IS SIGNIFICANT RISK INVOLVED IN TRADING FUTURES AND/OR OPTIONS ON FUTURES AND ARE NOT SUITABLE FOR ALL INVESTORS.Price activity in the last several months in the 30 year bonds appears to be forming a distribution top (an area of wide swinging prices that eventually form a major top.) Prices are currently above the 114-00 area in March bonds.
Buy March bond 113 puts (currently trading under 40/64ths, $625) This option expires on Feb. 18th.
Hold this option for a price move back under 111-16 or exit the trade on Feb. 9th (9 days before expiration.)
You may reach us at 800-727-6363
posted by Tom Hall @ 1:28 PM
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