You are viewing a single comment's thread from:
RE: TIB: Today I Bought (and Sold) - An Investors Journal #409 - Dutch Bank, Steel/Lithium, Marijuana, US Healthcare, Semiconductors, Euro, 56 Percent Club Update
I’m not liking the banks I opened some puts on BAC yesterday. I also opened an iron condor trade on TLT.
Posted using Partiko iOS
Magic Dice has rewarded your post with a 95% upvote. Thanks for playing Magic Dice.
You have receive an upvote. Thanks for playing moonSTEEM
The US banks are proving an enigma right now. In historical terms they are under valued and strongly structured. Against any slowing economic story, they are looking a bit light on lending growth. My trades reflect that with a mix of short term puts (C and WFC) and some new stock adds (C and HBAN).
Maybe your iron condor on TLT is telling me the same thing.