Brian Stutland's 10-Year Treasury Notes Trade

On CNBC's "Futures Outlook," Brian Stutland said he would rather own stocks and volatility, instead of diversifying with bonds. Over the last few days, he has closed his bond positions.

Stutland is a seller of bonds. He wants to sell the December 10-Year Notes futures contract at 139, with a stop loss at 139.08 and a target price of 138. This is a short-term trade, maybe just through the election, said Stutland.