TLTW Stock Summary and Trading Ideas (iShares Trust iShares 20+ Year Treasury Bond Buywrite Strategy ETF | BATS:TLTW)

The iShares 20+ Year Treasury Bond BuyWrite Strategy ETF seeks to track the investment results of an index that reflects a strategy of holding the iShares 20+ Year Treasury Bond ETF while writing (selling) one-month covered call options to generate income.

iShares Trust iShares 20+ Year Treasury Bond Buywrite Strategy ETF trades on the BATS stock market under the symbol TLTW.

As of November 7, 2024, TLTW stock price climbed to $25.05 with 1,346,216 million shares trading.

TLTW has a beta of 0.23, meaning it tends to be less sensitive to market movements. TLTW has a correlation of 0.08 to the broad based SPY ETF.

TLTW has a market cap of $1.10 billion. This is considered a Small Cap stock.

TLTW has underperformed the market in the last year with a price return of +4.8% while the SPY ETF gained +38.3%. TLTW has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -2.5% and -0.1%, respectively, while the SPY returned +14.4% and +3.0%, respectively.

TLTW support price is $24.55 and resistance is $24.97 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TLTW shares will trade within this expected range on the day.