TLT @ $137.44 and 23% IVR |
| Neutral to Bullish |
| Short Put Ratio Spread |
| Max profit of $225 possible if price at 135.0 at expiration / No risk to the upside with a profit of $125 possible / Breakeven is 3% below the price / Requires capital of $2,540 |
| Buy 1 TLT 136.0 Put in July-16'21 (45 DTE) Sell -2 TLT 135.0 Put in July-16'21 (45 DTE) |
| $1.26 credit |
TLT @ $137.44 and 23% IVR |
| Bullish to Neutral |
| Jade Lizard |
| Max profit $212 / Breakeven 3.3% below current price / No risk to the upside / Requires capital of $2,652 |
| Buy 1 TLT 142.0 Call in July-16'21 (45 DTE) Sell -1 TLT 140.0 Call in July-16'21 (45 DTE) Sell -1 TLT 135.0 Put in July-16'21 (45 DTE) |
| $2.12 credit |
TLT @ $137.44 and 23% IVR |
| Slightly Bullish to Neutral |
| Short Strangle (with a Bullish Skew) |
| Max profit is $213 / Breakevens are 3% to the downside, and 5% to the upside / Requires capital of $2,345 |
| Sell -1 TLT 135.0 Put in July-16'21 (45 DTE) Sell -1 TLT 144.0 Call in July-16'21 (45 DTE) |
| $2.14 credit |
TLT @ $137.44 and 23% IVR |
| Bullish |
| Short Put Spread |
| Max profit is $108 / Breakeven 1% below current price / Prob of success approximately 64% / Requires capital of $192 |
| Buy 1 TLT 134.0 Put in July-16'21 (45 DTE) Sell -1 TLT 137.0 Put in July-16'21 (45 DTE) |
| $1.08 credit |
TLT @ $137.44 and 23% IVR |
| Bullish |
| Short Put (16 Delta) |
| Max profit is $70 / Breakeven 5% below current price / Requires capital of $2,105 |
| Sell -1 TLT 131.0 Put in July-16'21 (45 DTE) |
| $0.70 credit |
TLT @ $137.44 and 23% IVR |
| Neutral to Bullish |
| Put Broken Wing Butterfly |
| No risk to the upside with profit of $39 / Max profit of $139 possible if price at 135.0 at expiration / Breakeven is 3% below the price / Requires capital of $161 |
| Buy 1 TLT 132.0 Put in July-16'21 (45 DTE) Sell -2 TLT 135.0 Put in July-16'21 (45 DTE) Buy 1 TLT 136.0 Put in July-16'21 (45 DTE) |
| $0.40 credit |