Shares of the iShares Lehman 20+ Year Treasury Bond ETF (TLT) are trading up .15 to 116.07.? TLT is trading near one-month lows.
Today a put buyer stepped in on the open and bought the TLT Apr 115p for 2.55.? The average contract volume is 55,000 contracts per day in the name.? Open interest is 5,260 in the Apr strike.? The implied volatility is up .10 in April.
The trades look to a buyer that posted the bid on the opening and got filled early on.? The early volume was over 4,000 contracts.
30-day implied volatility is 12.75%.? 10-day implied volatility is 9%.? 30 day implied volatility is trading above the 10 day historical volatility.
iShares Barclays 20+ Year Treasury Bond Fund (TLT) seeks investment results that correspond generally to the price and yield performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index (the Index).