Last night’s surprise victory by Donald Trump has sent T-bonds and T-notes into a tailspin. Let’s use this decline as an opportunity to exit the December 129 / 125 bear put spreads we suggested buying for $600 or less back in June in Alert #8. With only 16 days left to expiration, time is rapidly slipping away. The time has come to step aside. These spreads are currently trading for 62 points ($962.75).
We’ll have more on this “black swan” election, its potential effects on our open positions, and what to look for next in future “Alerts.”
The RMB Group
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