New HiPOS Conservative Trade Update
New HiPOS Conservative Trade Update - Today ZEGA’s traders identified a new short put spread ≈ 13% out-of-the-money (OTM) on the S&P 500 Index (SPX)
New HiPOS Conservative Trade Update - Today ZEGA’s traders identified a new short put spread ≈ 13% out-of-the-money (OTM) on the S&P 500 Index (SPX)
HiPOS Conservative Trade Update - The current HiPOS conservative trade is poised to expire worthless (what we want) which would represent a successful expiration.
HiPOS Conservative Trade Update - With 9-day calendar days (7 trading days) to go until the August 23rd expiration, the S&P 500 Index (SPX) sits a full 16.5% above the short 4550 strike.
ZEGA’s July 2024 Performance Numbers Release
HiPOS Conservative Trade Update - As of early afternoon Thursday, the S&P 500 Index (SPX) is showing strength as it tries to close the gap created by the move down on Monday and the previous Friday’s close.
HiPOS Conservative Close and Roll Trade Update - Today we executed a close of the existing short put spread and simultaneously rolled to a new open short spread a week later and further down out of the money.