HiPOS Conservative Closes Out Early to Take Profits - Today we closed out the short put spread early. Most of the profit was already made even though there were still 16 calendar days left until the June 28th expiration day.
HiPOS Conservative Update - With 18 trading days to go until expiration after market close on Monday June 3rd, despite a little momentary down move, the S&P 500 Index (SPX) reversed over the past two days forming two hammers.
New HiPOS Conservative Trade - On Thursday May 23rd, the ZEGA trading team executed a new short put spread on the underlying S&P 500 Index (SPX).
ZEGA’s April 2024 Performance Numbers Release
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.