Options Wonderland

[Fox13]

Last week, I liked 2 groups of stocks. The first one is composed of derivatives of treasuries. TNX gave me the best signals on weekly and monthly charts, which, then, could be used for refining an entry point an other ones. TNX has very illiquid options while TBT is great. I talked about this issue in the past and I also showed this $TNX weekly chart. For the TBT/TNX correlation and entry points click above. TMV was also a stellar performer. However, its parabolic up move took him to the top of the octave (8/8 of MM) and now it should rest. All the treasuries fundamentalists think that these moves should go further , undisturbed, but I am cautious. IMHO, a trailing stop for each of them is a good idea.