TLT functions as a put option on the S&P 500 with positive carry and no time decay, awaiting a catalyst.
Bullish
“Oil To 'Break' Everything; Stocks, Bitcoin, Gold Crashing 'Back Down' | Mike McGlone”
David Lin Published Sep 10 · 1 passage
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And that's why I look at a bond market right now. If you look at TLT or bonds is basically it's essentially a a put on the S&P 500 with positive carry, no time decay, and it's just, you know, waiting around for a trigger.
What this channel has said about $TLT
David Lin has 3 calls on this stock; only the adjacent ones are shown.
2026-09-24Bearish
So, like I'm I'm as short treasuries as you can be. I'm short TLT, Zeros, ZROZ, LQD, which is investment grade credit, high yield credit, HYG, Jojo, which is kind of like a poser manager.
Quote at 32:16 ›Direction flip
2026-09-10BullishThis one
And that's why I look at a bond market right now. If you look at TLT or bonds is basically it's essentially a a put on the S&P 500 with positive carry, no time decay, and it's just, you know, waiting around for a trigger.
Direction flip
2026-08-31Bearish
we're going to see you know tips we're going to see uh like TLT long-term bonds continue to be under pressure and move down
Quote at 23:45 ›