be the banner of the week, tlt-a-whirl, i don't know if you saw that tlt whirl, whoever back in engelwoodailed it. what's your take on the trade itself, mike, not the banner. >> yeah, so what's interesting here for us is this is a way you can make a bullish stance on tlt while doing two things and i think both make a lot of sense here one of them is by selling this spread, one of the things that he's going to be able to do is essentially collect premium over time if you own bonds, one of the things you like to do is clip coupons, and effectively that's one of the things that this trade can do the other thing, though, is that rather than simply going out and buying tlt, when you sell a debit put spread on an instrument your losses are capped at the distance between the two strikes, which i think was $5 in this case. less the premium that you're collecting or about $1.80 so he's risking about $3.20 per share of the tlt etf, obviously less than you would be risking if you just went out and bought tlt outright given the thesis that carter was talking about, but also just taking a look at the