Monday, June 11, 2007

Interesting article on the Debit Spread by John Larson in this month's Futures and Options Trader.

After a Dec/Feb double top, a steep high volume plunge and a double S1 bottom yesterday TLTs may find support around 82.50 altho July ATMs are only yielding 1% on thin liquidity, so not much interest here yet. Little action in the far months. Look for the hairy bottom.

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