As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price.
Trade Alert - (TLT)
Buy the iShares Barclays 20+ Year Treasury Bond Fund (TLT) June, 2014 $106 puts at $2.42 or best
Opening Trade
2-3-2014
expiration date: 6-20-2014
Portfolio weighting: 5%, or $5,000
Number of Contracts = 21 contracts
Here are the specific trades you need to execute this position:
Buy 21 June, 2014 (TLT) $106 puts at?????..?$2.42
Net Cost:????????????....??..??.......$2.42
Potential Profit with (TLT) at $101 on expiration: $5.00 - $2.42 = $2.58
($2.58 X 100 X 21) = $5,418 or 5.41% for the notional $100,000 model portfolio.