Lions.. I DO NOT like the 10yr yield rising like this and therefore I am somewhat reluctant to buy calls on anything here.
In this environment it is better for us to utilize CREDIT SPREADS, and SELL PUTS to capitalize on the market. These are much safer ways to put money to work in the market in this environment.
In my book, A (NOT) So Random Walk On Wall Street, Chapter Four, I cover How to Trade Options Successfully where I outline exactly how to set up credit spreads and sell options.
I strongly advise you to familiarize yourself with these trading strategies.
Do not have my book yet? Click HERE: https://www.lulu.com/en/us/shop/gregory-mannarino/a-not-so-random-walk-on-wall-street/ebook/product-n66ymz.html?page=1&pageSize=4
Hahahahahahahhahaaaa!
U.S. 10 Year Treasury US10Y:U.S.
RT Quote | Exchange
Yield | 10:21 AM EST
1.456%quote price arrow up+0.067
Yeah, I'm getting a little edgy too...not because of the 10yr yield, I'm just getting edgy so I bought a...
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