New HiPOS Conservative Trade Established - Today we took the opportunity provided by the market to close our existing open HiPOS position and establish a new one with a December 20th expiration date.
ZEGA’s October 2024 Performance Numbers Release
Derek and Jay decide who got the S&P 500 Index 6000 prediction right. Then they talk about Bitcoin running to new highs and some theories about a Bitcoin strategic reserve now that
HiPOS Trade Update - The markets closed down Thursday after a gap down open this morning. We are in the middle of earnings season where many companies have beaten estimates but talked about spending more on AI.
Derek adn Jay talk about everyone talking about Goldman’s 3% annual return target for next 10 years. What’s behind their analysis includes whether the S&P 500 Index has too much concentration.
New HiPOS Conservative Trade Update - Today ZEGA’s traders simultaneously closed out the existing trade that had almost nothing left (meaning almost full profit realized) in it and opened a new short put spread with a November 22nd expiration date.