
The long-term Treasury ETF $TLT has seen a significant increase in activity and interest. On June 3, 2024, there were 10,000 call spreads bought for the July 5th (W) 92/94.5 options. By June 4, $TLT had broken above its downtrend line and 200-day moving average, marking a notable shift in the market. This movement has been attributed to data misses and JOLTs, leading to a ramp-up in call volumes. The ETF also hit early April upside prices and surpassed May's high, indicating strong performance in the bond market. Stocktwits highlighted this as the 'Chart of the Day.'
🚨 TOP Chart of the Day on Stocktwits... Bonds Finally Catch A Break 👀 Stocktwits user ATMCharts put “Chart of the Day” in his commentary…and I totally agree. Today’s talk of the town was long-term Treasury ETF $TLT breaking back above its downtrend line and 200-day moving… https://t.co/aoDs5d0pcN
🚨 TOP Chart of the Day on Stocktwits... Bonds Finally Catch A Break 👀 Stocktwits user @atmcharts put “Chart of the Day” in his commentary…and I totally agree. Today’s talk of the town was long-term Treasury ETF $TLT breaking back above its downtrend line and 200-day moving… https://t.co/25019991n8
$TLT call volumes ramping w/ data misses + JOLTs https://t.co/R1nhc1WYgc
