TLT Position Update ---------------------------------------------------------
TLT closed at $125.83 on Tuesday – the August call spread is approx $1,100 in the black

The July 16th Couch Potato published an August expiration month TLT bear call spread
We plan on closing out this position tomorrow for an approx. $1,100 gain (see tables below)

Exit Plan
The recent increase in Treasury note yields pushed down the TLT price and triggered our exit rule. Unless treasury prices gap substantially higher tomorrow we plan on closing out the TLT spread in the morning.

Gregory Clay

Couch Potato Trader Disclaimer
All results reported in this section are hypothetical. While the numbers represented here may have been achieved or beaten by our readers, we make no representation that any individual investor achieved these exact results. The tracking for the plays listed in this section uses closing prices for the day the newsletter is published and it is not meant to imply that any reader actually received those prices (though many often do) or participated in these recommendations (even though many do). The portfolio represented here is hypothetical and for investment education purposes only. It is only an illustration of what type of gains a knowledgeable trader might receive utilizing these strategies. If you don't get close to these results, guess what. It isn't the fault of the strategies.