Hi CK: I had options in earlier in the year on the 10 year Note. The patterns were similar for the 30 and the 10, but I just picked the 10 I had by usual straddle in at a 131 strike price with preferred Puts. It sure looked to me on ewave as well as indicators that it was going to head down. I thought maybe as far a 126 at the time. But due to the us markets issue and the Greeks (lol)(ie stocks falling), it took the bonds up another leg. So my "insurance" Call options kicked in to save the day. I decided to stay on the sidelines here for a while. But here we are again with a simialr sideways pattern.

The difference now though is the the Commercials went Short strong around May in the 30 year and they look to be ready to cross short on the 10. So I think down has a little more behind it here. maybe to start a final bond top for a while.