HiPOS Weekly Update: The Wheels are Spinning in Place
It has been 8 calendar days since we entered the most recent short call spread. To some of you, it might feel like the value of the position is running in place.
It has been 8 calendar days since we entered the most recent short call spread. To some of you, it might feel like the value of the position is running in place.
ZEGA’s July 2020 Performance Numbers Release
Today, after only expiring last Friday, ZEGA’s traders were able to produce a quick turnaround in finding a new qualifying short call spread. After seemingly going several years without the ability to find call trades...
Here’s a quick update as we approach expiration of our primary HiPOS conservative trade. Even though the market did move higher to above the 3280 level, the 3500 short call leg of the spread remained nicely well above the S&P 500 Index.
Currently the market has moved higher from where we initially executed the trade. Since we are short a call spread, it means that the underlying S&P 500 Index is closer than before to the 3500 strike. The good news is...
Download a PDF version of ZEGA's performance numbers.