Going back to January of this year when there was a FPC on Dec 17…AND TLT is correcting down now so a relative bargain.
When the FPC occurs in September, the idea is to:
Oct 3 at open buy SPY shorts
Oct 7 at open/close sell SPY shorts
Oct 10 at open buy TLT
Nov 10/Nov 11 at open/close sell TLT
The reason is that SPY corrects quickly down the first week and TLT THEN moves up slowly for the following 5-6 weeks or just after the election. The idea is to sell TLT on the Friday of the 2nd week in the following month (most likely the open).
