I have been offering calendar spreads as a relatively riskless way to play the bull market in T-Bonds. If you’re interested in initiating the spread but are unsure about how to do it, this recording provides explicitly detailed instructions for buying the Oct 18/Sep 12 calendar spread at the 120 strike that anyone can follow. It also explains how to roll the spread forward each week so that we wind up owning the October 18 calls for nearly nothing or perhaps even a small credit.
There is other material as well, including an analysis of the Jackpot Bet I’d proffered for Priceline this morning. But if you’re interested only in the material concerning the TLT strategy, it begins 11 minutes and 26 seconds into the session. The entire recording, which also includes Hidden Pivot analysis for Gold, E-Mini &S&P and EUR/USD, runs a little more than an hour.