We made a lot of money in TLT puts going as interest rated rallied last year into the October 2023 market lows, up 340% at their peak. TLT rallied into the end of 2023 as interest rates came down, but now, Interest Rates have risen enough to trigger a fresh Buy Signal (see US 10 Year below) which has been accompanied with a TLT Sell Signal. US 10 Year Yield - Fresh Buy Signal TLT - Fresh Sell Signal A break below $93 would take out recent TLT lows and trigger the purchase of these TLT March puts, with a target into the high-to-mid 80's. If TLT falls to the Oct 2023 lows, the March 15th $95P could be up 5X. If triggered, use 50% trailing stop. IWM More importantly, if bonds crash and rates soar, stocks will crumble. Be ready.
