In yesterday's update I wrote: The chart below chronicles the downtrend in TLT from August, 2020. Note how prices have broken down out of the trend regression channel. If price doesn't rise back into the channel soon expect a new, steeper leg down. This morning Bonds are hard down, suggesting the latter. Since our March Puts expire tomorrow, this is a heads-up to roll over the position into the May 21st expiration for the Premium Portfolio (April expiration for the PRO portfolio.) The official trade table will make the change tomorrow with a then at-the-money Put. Open Intermediate Term TLT Trade Roll-over Candidates
