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Weekend Trade Bulletin – Corrective Action Required (TMV/TLT)

Posted on July 24, 2020

Yesterday’s TLT/TMV PUT side closure was made in error.

The straddle should be reinstated today, in the following fashion

Buy the TMV August 21st 50 PUT for $4.90 and sell the TLT August 165 PUT for $0.51.  Adjusted credit for the trade (including the initial credit and yesterday’s $4.22) is now $0.03.

Please take action today.

More to follow.

Alan B. Harvard

 

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