SELL TLT @ $140.29

Selling TLT @ $140.29

Realized loss of $6.26 (4.27%)

I made money on the EDV long and JNK short trades - but lost more than that gain here. Oh, well - can't win them all and the rationale for putting on this position was/is correct even in the timing was wrong. Either way, I was wrong and the loss is the cost of the lesson that I hopefully will learn.

I now have zero bond exposure and can react accordingly to the next big move - note that bond yields have moved down dramatically this week on a lot of volatility. 

When the VIX spikes, I cut exposure - I've cut my gross by 25% today!