A bullish trade on tech stocks using options that could cost nothing, if it moves in right direction

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Jeff Kilburg believes the 10-year yield will relent after its meteoric rise and after finally printing 5%.

Are the 10-year Treasury yields hitting a wall at 5%? It may be time to get bullish on U.S. equities using the Nasdaq 100. Here's a strategic way to approach relenting yields and a bounce in tech stocks. Federal Reserve Chairman Jerome Powell on Thursday dovishly acknowledged continuing optimistic signs of cooling inflation, but also strategically straddled the interest rate fence stating that the central bank will remain "resolute" in its commitment to its 2% mandate.

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