
Jay Discusses How ZEGA Uses Options for Protection and for Opportunity with FA-IQ
Garrett Keyes, a reporter at Financial Advisor IQ, spoke with two experts, one being our very own Jay Pestrichelli, about how to handle market swings.
Garrett Keyes, a reporter at Financial Advisor IQ, spoke with two experts, one being our very own Jay Pestrichelli, about how to handle market swings.
Chris Matthews of MarketWatch met with Jay this morning to see what he, as a strategist, believes is going on with the market. Full coverage of Jay’s discussion can be found here.
Late yesterday the ZEGA trading team found a HiPOS trade that qualified under our rules for entry. For this trade we used a short-put spread to generate premium on the underlying S&P 500 Index.
Jay got into the nitty gritty of hedging yesterday with Katherine Ross of The Street. Jay explained the importance of hedging as a source of protection, which can limit and better manage risk for your clients.
With expiration day upon us Friday February 1st, the Iron Condor position appears to be poised to realize a full profit. Since we sell premium and generate credits, a full profit is realized when they expire worthless.