The archived TLT source record lists Multi-leg options trade (2 legs), 30,000 contracts and $5.63M in reported gross premium. Execution classification alone does not establish opening or closing status or the participant's account position.
What happened
The saved event-time field is 2026-10-29 15:57:55. The original price reference is $81.44. The source table and any leg entries below are retained as recorded; no new quote has been substituted.
- TLT Jan 15, 2027 $83 Call: 20,000 contracts at $1.15 (bought)
- TLT Jan 21, 2028 $85 Call: 10,000 contracts at $3.33 (sold)
Why it matters
The 2 retained leg entries sum to 30,000 contracts. Adding quantity × listed premium × an assumed standard 100-share multiplier across all legs gives $5,630,000.00 in gross premium; bought cash less sold cash is $1,030,000.00 received. This reconciles the rounded table values but does not establish the participant's opening/closing status or actual account cash flow.
The retained expiry labels are Jan 15, 2027, Jan 21, 2028. These legs do not share one expiration; an earlier-expiry outcome also depends on the later legs' remaining value. The archive does not support a single terminal breakeven or complete maximum-risk claim.
The displayed buy/sell side is the archived classification; raw bid/ask observations and account holdings are not retained. Open interest is an aggregate for the series and cannot identify this print as an opening trade. Delta is contract sensitivity, not a verified holding of stock.
The numbers
Original provider-record fields: The structure, lean, side and breakeven labels in the unchanged table are archived feed/model outputs, not a verified complete account position. Only the explicitly stated standalone hypotheses above describe calculated payoffs; a missing leg, opening/closing status or adjusted deliverable can change them.
| Structure | Multi-leg options trade (2 legs) |
|---|---|
| Lean | Bullish |
| Expirations | Jan 15, 2027 and Jan 21, 2028 (nearest in 78 days) |
| Strikes | $83, $85 |
| Contracts | 30,000 |
| Total premium | $5.63M |
| Net cost | $1.03M credit |
| Stock at the trade | $81.44 |
Three ways this could play out
The table prints Jan 15, 2027 and Jan 21, 2028 (nearest in 78 days). At an earlier expiration, value the expiring legs separately from options that still have time remaining.
A change from the printed $81.44 stock reference does not establish this package's mark-to-market value; later-dated legs require actual option quotes.
A close between the listed strikes does not guarantee profit or loss. Resolve every retained side, quantity and expiry and compare the whole package with its recorded cost.
What to watch next
- Confirm every leg, its side, quantity, expiry and deliverable before assigning a complete strategy or maximum risk.
- Compare next-session open interest with total session activity; the aggregate change cannot establish what this participant opened or closed.
