I have not seen the bollinger bands this tight in Bonds in a long time. With over 25 days in a tight trading range should get a nice break out. The simulated T-Bond delta neutral trade should do well on a break out with plenty of time value in the options allowing one to hold for sometime. I will post on the position when a noticeable change comes about. So far not much change in the gain or loss status ...
Happy trading.
USCoralSea