15000 TLT Sep 110/118 put spreads went up in 2 blocks on the PHLX

TLT

Shares of iShares Barclays 20+ year Treasuries (TLT) are up .90 to 129.86 today.? TLT is near the upper end of the 52 week range.

  • Paper traded 15000 TLT Sep 110/118 put spreads at .93.?
  • The ADV is 71140 contracts.?
  • The OI is 15000 on the 110s and 265 on the 118s.

The volume went up in 2 blocks on the PHLX marked spread. ?The trade is most a continuing short put play on TLT trying for more premium in the short puts.? The trader is moving the line in the same closer to the market but is still bullish in general.

  • IV 30 is trading 13.94%.?
  • HV10 is trading for 13.27%.?
  • IV 30 is trading below the HV 10.

Shares 20+ Year Treasury Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of United States Treasury bonds with remaining maturities greater than 20 years.