How to Make 40.51% in 4 Days

Trade summary for 10-Year Note (long):

• Entry: 118'15.0 (see 10-Year Note)
• Exit: 119'04.0 (see 10-Year Note)
• P/L: (119'04.0 - 118'15.0) * 2 * $15.625 = 21 * 2 * $15.625 = 42 * $15.625 = $656.25 / contract
• ROC: $656.25 / $1620 * 100% = 40.51% / contract

Note:

• The entry itself wasn't great. I was eager to enter into the position when the bond markets began to price in the bad news of Bear Stearns.

Related posts:

• Monday: An Important Juncture
• Bear Stearns: $2 / Share!
• 10-Year Note
• 10-Year Note

Related links:

• 10 Year U.S. Treasury Notes Futures