A sale at 2.10 was a lay-up on Friday, since the spread peaked near the opening above 2.30.  With about $2640 in profits already booked, I’ll suggest holding the remaining spreads till expiration. If TLT is trading above 129 at the time, the total profit on the position would be $3840.  From a technical standpoint, the stock’s almost relentless strength is surprising, even to me. In retrospect, it vindicates our strategy — still viable — of buying every minor pullback, since that seems to be as much weakness as we’ll get.  I still expect the 133.16 target shown to exhibit some stopping power, but we shouldn’t be too surprised if buyers just shrug it off. ________ UPDATE (January 16, 12:04 a.m.): Even though I keep repeating that we should expect this vehicle to continue rampaging higher for years and years, I still can’t get used to how easily it blows past ostensibly daunting Hidden Pivot resistances. For what it’s worth, the next lies at 138.60.  Our position is beyond adjustment at this point and seems all but certain to produce a $3840 gain. _______ UPDATE (January 21, 8:24 p.m.):  Yesterday’s selloff was the most vicious we’ve seen in months, but it had no impact whatsoever on the 138.60 target noted above.  The rather large profit from our spread is safe in any case and will remain so unless Armageddon intervenes.