Market Overview

Todd Gordon's iShares Barclays 20+ Yr Treas.Bond Trade

Share:

On CNBC's "Trading Nation," Todd Gordon spoke about a bullish options trade in iShares Barclays 20+ Yr Treas.Bond (NASDAQ: TLT).

He thinks TLT might move higher after the Fed's decision to take a dovish approach. Gordon explained that this means that there are not going to be any rate cuts in 2019. He has also identified a bullish technical pattern called the inverse head and shoulder on TLT's chart.

See Also: Fed Says No Rate Hikes In 2019

To make a bullish trade, Gordon wants to buy the April 123 call and sell the April 125 call for a total cost of $0.71. The trade breaks even at $123.71 or 0.62 percent above the current market price and it can make a maximal profit of $1.29.

Posted-In: CNBC Todd Gordon Trading NationBonds Options Markets Media ETFs

 

Related Articles (TLT)

View Comments and Join the Discussion!
Lightning Fast
Market News Service
$199 Free 14 Day Trial
Book A Demo
Learn How You Can Succeed In The Market With Benzinga Pro

Fastest Market News

Real-Time News Alerts

Customizable News Filters

Book A Demo

Tim Biggam's Goldman Sachs Options Trade

This Day In Market History: S&P 500 Hits 1,500 For The First Time