Replies to post #585 on Ishares Trust Barclays 20plus Treasury Bond ETF (TLT)

[Stock]

sideways, with heavy option volume, is a good indication of some re-positioning.

Remember, PIMCO uses TLT as a very large trading vehicle. One of many they are very active in.

The only question here is -- short or long? Hard to figure from option action in the ETF. But I took a stab at it.

Helps to look at the longer term yield charts. I posted a 5 day chart today, because I think TNX has overshot to the downside pretty significantly this week.