Recently I’ve been listening to various financial analysts talk about what the previous decades average returns mean for the next decade. Questions like: Where are we on valuations? What will earnings do? Where do the 2010’s as a decade rank in comparison to past decades with total returns (including dividends)?
As we edge closer to the Christmas and New Year’s holidays, we’ve seen markets rally and volatility subside. Looking at the VIX Index chart above, you’ll notice that implied volatility is trading at the bottom of its 2019 range.
ZEGA’s November 2019 Performance Numbers Release - Click here for a PDF version.
Today the ZEGA trading team acted on our current conservative HiPOS strategy position due to the market appreciation since entry. While this has not happened very often of late...
After the market pullback helped to create a pop in volatility, our traders executed a new position that met the HiPOS Conservative trade criteria. The expiration date for today’s entry is December 27th
Friday of this week is expiration day, and it’s a shortened post-Thanksgiving trading session. Barring a dramatic downward turn in the market, you shouldn’t see much if any change in the remaining value of the spread positions prior to them being removed from the accounts after expiration.