Instead of the $20 tonearm wrap from MusicDirect, I use about 15 cents worth of PFTE (aka Teflon) pipe thread tape available from any Walgreen's, Home Depot, or the like. I wrap the tonearm from the lock ring at the headshell end down to just in front of the tonearm rest.
12-25-14: Audpulse
What kind of tonearm wrap is that and what are you trying to achieve by doing so?
I was trying to track down a slight upper midrange glare left over after the other things I'd dampened. When I'd flick the tonearm's aluminum tube (with my fingernail), I could hear it ring at the pitch range where the glare occurs. I wrapped the tonearm, the glare was reduced. I flicked the knurled lock collar, it stll rang. I wrapped the collar and the glare disappeared.
I recommend it for anyone putting an AT150MLX on an SL12x0 series DD turntable.