Volatility and Bond moves

VIX was touching / very close to the lower 2 sigma Bollinger band this morning, so I sold my  XIV position at 150.13.  Bought some IEF (Barclays 7-10  Treasuries) at 93.80  because it was near the low end of its current trading range, will go ex-dividend next week (1-Feb) with a dividend of around $0.24/share, and tends to go up if equities go down.

Later in the day,  with IEF up at 94.18  I put a 0.1 point  trailing stop on the position, because I had gotten more than my target profit on the position, but wanted to leave some room for an additional move up.  The position sold out at 94.20.

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