TLT's chart looks promising for a second leg down, but the MF chart looks very bullish though.

Quote Originally Posted by ernsttanaka View Post
I ended up closing the vertical put 72/74 for 23ct credit and rolling the 74call for this week to next week for 1.18ct. So my new max profit if we stay above 74 is 183ct+23ct+118ct=324ct. Initial entry was per Robot 73.14+3.24 equals 76.38 and my current break even is 74-3.24 = 70.76

The put vertical served its purpose - yesterday during the sell off - my IWM position was more or less flat for the day. So my 2yr old and I could spent some time in the Natural History Museum ;)

BTW I still wish we had a TLT robot -- I "predict" the next significant trade-able trend will be short TLT.