TLT
iShares 20+ Year Treasury Bond ETF
stock NASDAQ ETF

I’m planning to rebalance my US portfolio. Here are my current holdings and I’d like to get your opinion and share some of my future strategies:
VOO 15%, SCHD 10%, MAIN 20%, O 15%, TLT 5%, NVDA 15%, MSFT 10% and TSLA 5%.
The main reason why MAIN went up so much because I heavily invested last 2022-2023 although Microsoft, Nvidia and Tesla skyrocketed I top slice these stocks when the price goes up except for MAIN, because I took a leverage 2022 when I bought these stocks.
Now I want to keep MAIN and O in my portfolio even if small percentage lang and just hold VOO yes one ETF only that will carry my portfolio I'll just keep buying this ETF for now. My target is 15yrs? or even more. My Plan B is to add growth ETF like VUG or QQQM but I don't want to micro-manage anymore and I just want to do chill investing like buy every month then forget, parang ito kasi ang best strategy na nanotice ko sa US market, I also have PH stock holdings but more on dividend growth strategy like REITs, dividend stocks and preferred shares.
Add ko lang 80% of my loan are almost paid that I used during 2022-2023 naka 36mos to pay siya at 0.39% interest so to give an example for ₱10,000 loan the total interest is ₱1,404 also bawi or positive na po ako even if the market drops again like the Liberation Day April 2025.
Lastly am I slowly turning into a Boglehead? What if VT and chill nalang kaya? 🤣

TLT is low price.
Many good china stocks are still undervalue. BABA JD.

I personally just look at the options since my goal is to trade volatility.
There are a few things I am willing to own mainly indexes like SP500 Which has the SPY ETF.
I am also a fan of IBIT
And lastly TLT

I like Selling OTM covered call instead of put cuz I will get dividend while I wait to appreciate. I usually rollover until I get credit. Doing so on TLT O MO PFE NKE ET JD.

Ok time for TLT to casually dump for no reason at all.  

Same actually. Finally someone who understands how to buy low and sell high. I’ve been buying growth stocks like crazy especially during the April dip when markets were collapsing. Now I’m selling growth stocks (although slowly and not entirely) and loading up on some TLT and SCHD.
I’ll still have a massive growth stock position so if they go up I’ll be super happy but in case the market crashes I’ll be positioned well

## Highest Premium
These options offer the highest ratio of implied volatility (IV) relative to historical volatility (HV). These options are priced to move significantly more than they have moved in the past. Sell iron condors on these as they may be over priced.
| Stock/C/P | % Change | Direction | Put $ | Call $ | Put Premium | Call Premium | E.R. | Beta | Efficiency |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| TJX/126/121 | 0.14% | -9.28 | $3.06 | $2.15 | 1.15 | 1.0 | N/A | 1 | 84.7 |
| SLV/36/34 | 0.39% | 79.63 | $0.86 | $0.84 | 1.01 | 1.01 | N/A | 1 | 98.2 |
| ITB/99/94 | 0.54% | 23.47 | $2.85 | $3.0 | 0.92 | 0.95 | N/A | 1 | 71.2 |
| MCD/310/295 | -0.15% | -15.43 | $6.1 | $4.55 | 0.91 | 0.91 | N/A | 1 | 87.7 |
| GLD/314/305 | 0.55% | 28.99 | $4.25 | $5.25 | 0.87 | 0.87 | N/A | 1 | 97.9 |
| LEN/114/107 | 0.43% | -8.16 | $3.55 | $3.95 | 0.87 | 0.85 | N/A | 1 | 86.6 |
| TLT/87/84 | 0.37% | -42.49 | $1.08 | $1.0 | 0.92 | 0.75 | N/A | 1 | 98.6 |
| WPM/93/87 | 0.72% | 59.45 | $2.98 | $2.45 | 0.85 | 0.82 | N/A | 1 | 76.1 |
| AMD/170/155 | -0.41% | 276.43 | $8.2 | $7.25 | 0.79 | 0.79 | N/A | 1 | 97.4 |
| HD/370/350 | 0.13% | -4.47 | $7.95 | $7.75 | 0.82 | 0.75 | N/A | 1 | 84.1 |
## Expensive Calls
These call options offer the highest ratio of bullish premium paid (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move up significantly more than it has moved up in the past. Sell these calls.
| Stock/C/P | % Change | Direction | Put $ | Call $ | Put Premium | Call Premium | E.R. | Beta | Efficiency |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| SLV/36/34 | 0.39% | 79.63 | $0.86 | $0.84 | 1.01 | 1.01 | N/A | 1 | 98.2 |
| TJX/126/121 | 0.14% | -9.28 | $3.06 | $2.15 | 1.15 | 1.0 | N/A | 1 | 84.7 |
| ITB/99/94 | 0.54% | 23.47 | $2.85 | $3.0 | 0.92 | 0.95 | N/A | 1 | 71.2 |
| MCD/310/295 | -0.15% | -15.43 | $6.1 | $4.55 | 0.91 | 0.91 | N/A | 1 | 87.7 |
| GLD/314/305 | 0.55% | 28.99 | $4.25 | $5.25 | 0.87 | 0.87 | N/A | 1 | 97.9 |
| LEN/114/107 | 0.43% | -8.16 | $3.55 | $3.95 | 0.87 | 0.85 | N/A | 1 | 86.6 |
| WPM/93/87 | 0.72% | 59.45 | $2.98 | $2.45 | 0.85 | 0.82 | N/A | 1 | 76.1 |
| AMD/170/155 | -0.41% | 276.43 | $8.2 | $7.25 | 0.79 | 0.79 | N/A | 1 | 97.4 |
| CCJ/83/76 | -0.51% | 380.57 | $3.78 | $3.53 | 0.73 | 0.78 | N/A | 1 | 79.1 |
| ISRG/540/505 | 0.82% | 12.99 | $18.25 | $15.15 | 0.79 | 0.76 | N/A | 1 | 75.1 |
## Expensive Puts
These put options offer the highest ratio of bearish premium paid (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move down significantly more than it has moved down in the past. Sell these puts.
| Stock/C/P | % Change | Direction | Put $ | Call $ | Put Premium | Call Premium | E.R. | Beta | Efficiency |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| TJX/126/121 | 0.14% | -9.28 | $3.06 | $2.15 | 1.15 | 1.0 | N/A | 1 | 84.7 |
| SLV/36/34 | 0.39% | 79.63 | $0.86 | $0.84 | 1.01 | 1.01 | N/A | 1 | 98.2 |
| ITB/99/94 | 0.54% | 23.47 | $2.85 | $3.0 | 0.92 | 0.95 | N/A | 1 | 71.2 |
| TLT/87/84 | 0.37% | -42.49 | $1.08 | $1.0 | 0.92 | 0.75 | N/A | 1 | 98.6 |
| MCD/310/295 | -0.15% | -15.43 | $6.1 | $4.55 | 0.91 | 0.91 | N/A | 1 | 87.7 |
| LQD/109.5/107.5 | 0.27% | -37.07 | $0.78 | $0.57 | 0.9 | 0.6 | N/A | 1 | 94.8 |
| GLD/314/305 | 0.55% | 28.99 | $4.25 | $5.25 | 0.87 | 0.87 | N/A | 1 | 97.9 |
| LEN/114/107 | 0.43% | -8.16 | $3.55 | $3.95 | 0.87 | 0.85 | N/A | 1 | 86.6 |
| WPM/93/87 | 0.72% | 59.45 | $2.98 | $2.45 | 0.85 | 0.82 | N/A | 1 | 76.1 |
| HYG/81/80 | 0.17% | -97.87 | $0.48 | $0.12 | 0.85 | 0.24 | N/A | 1 | 78.1 |
- **Historical Move v Implied Move:** We determine the historical volatility (standard deviation of daily log returns) of the underlying asset and compare that to the current implied volatility (IV) of the option price. We use the same DTE as a look back period. This is used to determine the Call or Put Premium associated with the pricing of options (implied volatility).

- **Directional Bias:** Ranges from negative (bearish) to positive (bullish) and accounts for RSI, price trend, moving averages, and put/call skew over the past 6 weeks.
- **Priced Move:** given the current option prices, how much in dollar amounts will the underlying have to move to make the call/put break even. This is how much vol the option is pricing in. The expected move.
- **Expiration:** 2025-08-29.
- **Call/Put Premium:** How much extra you are paying for the implied move relative to the historic move. Low numbers mean options are "cheaper." High numbers mean options are "expensive."
- **Efficiency:** This factor represents the bid/ask spreads and the depth of the order book relative to the price of the option. It represents how much traders will pay in slippage with a round trip trade. Lower numbers are less efficient than higher numbers.
- **E.R.:** Days unitl the next Earnings Release. This feature is still in beta as we work on a more complete list of earnings dates.
- **Why isn't my stock on this list?** It doesn't have "weeklies", the underlying is "too cheap", or the options markets are too illiquid (open interest) to qualify for this strategy. 480 underlyings are used in this report and only the top results end up passing the criteria for each filter.

Retiree here. I think you are over-stating the complexity. It takes no more than 15 minutes to buy a bond or CD (and then it is set-and-forget for however many years).
Most of my money is in individual bonds or CDs, but I do have some ETFs. Specifically I keep 1 year emergency fund in SGOV. Also I have a little bit of JAAA and TLT for the funsies.
I don't own any BND at all. It just seems like it's taking on a lot of extra risk, but not really outperforming, what I can get risk-free from a CD.

Ok so VOO is dipping, Gold and Silver are spiking, and TLT is dipping as well. All of this begs the question: what did the orange retard do now???

Not more than 5% in any one holding, invest across various sectors and types of investments (REITS, CEF, MLP, Equity, Bonds, covered call etfs, etc). Some examples; JEPI, BND, BST, RLTY, CEFS, CLOZ, QQQI, FSCO, BALI, ADX, IDVO, IBIT, BTCI, BSM, MPLX, ARCC, PBDC, PFFA, etc. I like to hold RSP,SCHD, and VOO also. I don’t drip, I look at my portfolio a couple times a month and buy whatever is the best value at the moment. If nothing looks interesting I’ll park money in TLT or BND until I need it. Understand what you own, keep educating yourself constantly. Good luck on your journey

I'm not an expert at bonds, since I have a 100% equities allocation. Bonds sound "simple" on the surface, but they are actually quite complicated--the fixed income market is 3 times larger than the equities market, and fixed income traders look down on equities as the "dumb money". Complicated enough that I'm sure I have some mistakes and would appreciate corrections from more knowledgeable investors.
The standard "Bogle" approach for those that desire a bond allocation is to capture the entire bond market (usually US bond market for US-based investors) with something like BND.
There are other options:
- U.S. treasury ETFs: treasury bonds tend to pay a slightly lower yield than corporate bonds, but they are generally considered safer, less correlated with the equities market (the main reason you're diversifying into fixed income), and are generally tax-exempt at the state and local levels, which is a big deal if you're holding these in a taxable account as a high-income individual in a state with high income tax levels. Some investors prefer to also target the maturity of these treasuries to their personal situation. I prefer not to think about it. Options from iShares include:
- GOVT, which includes a mix of everything
- Ultra-short duration ETFs like SGOV, which should be thought of as cash equivalent. They usually pay a lower yield because they don't come with duration risk (i.e. getting fucked when the interest rate drops, which has resulted the last few years being the worst bond market in US history), but recently it's actually been higher because of the inverted yield curve.
- SHY, with 1-3 year duration
- IEF, with 7-10 year duration
- TLT, with 20+ year duration. This has performed awfully recently, because we unexpectedly went from years of an unusual zero-interest rate environment to 5%.
- TIPS (such as SCHP): these pay a lower yield than treasuries, but are supposed to protect against **unexpected** inflation. Again, we had unexpected inflation which means this looks better than GOVT recently, but historically, it was better to go with regular treasuries if you preferred that over a total bond fund.
- Municipal bonds: These are exempt from federal, state, and local taxes. However, because of this triple exemption, these are most attractive to investors in the highest-income brackets from states with high income tax rates. They come with a much lower coupon rate because they are designed to have competitive tax-equivalent yields for the highest income investors in the right states.
- International bonds: I have a lot of my portfolio in international equities. However, I'm probably not touching international bonds for the foreseeable future because I don't understand the currency risk or the task implications, but I'll look to revisit something like BNDX when I have a better understanding (and when I actually want fixed income in my portfolio).

Trump’s main stated reason in pushing for rate cuts has been to help lower financing costs on the nation’s $36 trillion debt, which is ostensibly out of the Fed’s twin goals of low unemployment and stable prices.

However, Warsh seemed to take the issue a step further and suggested a coordination between the Fed and the Treasury Department in how the nation manages debt issuance.

“We need a new Treasury-Fed accord, like we did in 1951 after another period where we built up our nation’s debt and we were stuck with a central bank that was working at cross purposes with the Treasury. That’s the state of things now,” he said. “So if we have a new accord, then the .. Fed chair and the Treasury secretary can describe to markets plainly and with deliberation, ‘This is our objective for the size of the Fed’s balance sheet.’”
My watchlist: TLT, JPM, BGM, BAC, SCHW, GS

Russell (/RTY, RUT, IWM), bonds/notes (/ZB, /ZN, TLT, IEF), GOOGL, maybe RDDT (big maybe). All of my positions are defined risk with exception of the puts in 10YR notes. Remember, you can always just keep buying power at the ready in case of a 5%-10% broad market pullback.

TLT? Aint no way

I sold out of some tech and opened/added to positions in TLT, LLY and PM.

I wish TLT would stop drilling all the time

I’m a top-down trader who started out as a long-term investor, so I focus first and foremost on how the market is performing, the trajectories of macroeconomic data, macroeconomic and geopolitical catalysis, valuation, market-moving catalysts, and market internals.
I constantly research. Grok is my best LLM friend. I think about business models, look at trends in promising companies’ financial statements, and try to figure out which companies are likely to be long-term winners. Those, I might target for investment. I try to stick to well-known, financially and thematically string companies for trading, such as NVDA, META, MSFT, AMZN, HOOD, et al. for trading.
Valuation always matters, so I’m always paying attention to how long a trend has lasted. I spend a lot of time thinking about how to structure potential plays, especially on the risk side.
For the big plays, I usually want the market to have turned down. I wait patiently and look for a bottoming pattern. Then, I wait for bullish alignment among SPY, QQQ, decreasing /VX, and very clear relative strength in the stock that I’m interested in. I enter on confirmation, usually based on EMA curves, although I’ve been known to front-run, because EMA curves are lagging.
Most of the time, the market conditions aren’t ideal, and I chip away with small trades. For example, I shorted seven outs on TLT yesterday due to the FUD caused by talk about Trump firing The JPow (which he legally can’t do). I try to take advantage of very temporary market mispricings, holds and breaks of market structure, and, sometimes, purely statistical plays. I rely on high-level patterns, order blocks, price action near this order blocks (especially reversal patterns), tranches of entries, and I often finance potential stop-outs through short puts.
I’m mostly a positional trader of shares when the market isn’t obscenely overvalued (which isn’t often). I love crashes, and like to keep loads of cash around. I also like daily ITM long call plays on fundamentally string underlying in the dominant market theme, as long as they haven’t trended higher for too long.
Other than that, I mess around with scalping, and aspire to learn futures trading. Perhaps I’ll try my hand at forex in a few years. But mostly, I’ve already got my hands full.
I run a lot of broken-wing butterflies when I day trade. Sometimes I day trade shorted put spreads on SPX. And I’ve been known to run straddles and strangles here and there.
Most of the time, it’s a pretty boring grind. Some days (or months), I don’t trade at all. Other times, I get a nice win from scalping in the first hour after the open and spend the rest of the day reading history at Barnes and Noble or playing with my computer.
There’s nothing wrong with day trading, but that’s usually (for me, at least) a way of paying for breakfast rather than, say, a new car.