Derek Moore discusses the declining probabilities for Fed interest rate cuts in 2024. Plus, how PCE Supercore did not make the case for Fed rate cuts. Later, looking at the analyst’s expectations for earnings growth within the S&P 500 Index.
ZEGA’s March 2024 Performance Numbers Release
HiPOS Conservative Update - With the S&P 500 Index (the underlying SPX) moving down Friday paired with an increase of volatility, the HiPOS Conservative moved from an unrealized profit to an unrealized loss.
New HiPOS Conservative Trade - With today’s gap lower in the S&P 500 Index and increase in implied volatility, ZEGA’s traders identified a new short put spread position to establish within HiPOS Conservative accounts.
Derek and Jay talk through some examples of options trading in 0 DTE options on the SPX and Nvidia. Plus, a hedge fund manager says the worst crash since 1929 is coming.
ZEGA’s February 2024 Performance Numbers Release