I closed
$TLT 20250124 91.0 CALL$ ,
I sold a covered call on TLT at $91, its short-term resistance, capturing the full premium as the option expired worthless. With bond markets uneasy about Trump’s fiscal policies and record Treasury issuance, concerns over rising term premiums persist. BlackRock remains underweight on long-term Treasuries, citing supply-demand imbalances. This uncertainty highlights the benefits of using covered calls to generate income in volatile markets.
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