Long Call (3 Oct 11): TLT

This strategy is used when you anticipate an increase in the price of the stock.

TLT  $120.80

Buy to Open (1) Jan 12 120 C @ $5.95 

Net Debit: $5.95 ($595.00)

Profit Target (50%): $8.90 ($890.00)

Stop-Loss Point (50%): $3.00 ($300.00)