May 08, 2013


TLT


Bias: Bullish
Target $123.5


We are bullish on TLT and want to purchase a call backspread


SELL To OPEN 3 May-18 120 TLT Calls trading at $1.00
BUY To OPEN 12 May-18 121 TLT Calls trading at $0.50

TLT is now trading at $120.34
This spread is now trading for $1.00
The Total Debit for this spread is $3.00


do not pay over $1.10 per spread
Day Order Only

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