Macro Risk Advisors' 20-Year Bond ETF Trade

Pravit Chintawongvanich of Macro Risk Advisors spoke on Bloomberg Markets about an options trading idea in iShares Barclays 20+ Yr Treas.Bond (ETF) TLT.

He believes that if Marin Le Pen wins the French election, the U.S. Treasuries could become safe heaven assets. He thinks that iShares Barclays 20+ Yr Treas.Bond (ETF) would trade higher in a such scenario and he wants to buy the April expiration calls to make a bullish bet.