Derek and Jay are back again to talk about AI but this time around how it may be driving Mega Cap Tech performance relative to the rest of the market. Plus, the weight of the top 2 S&P 500 companies is the highest since 1978 and the top 10 companies weighting is now 30%.
Derek and Jay discuss whether the option markets via Volatility Indexes are underrating potential market turmoil. Plus, they debate whether fears of the US defaulting on Treasury Bonds is Overrated?
ZEGA’s April 2023 Performance Numbers Release
Status of Current HiPOS Conservative Trade - With 5 trading days remaining until the expiration on May 19th, the markets have continued to trade within a range.
Jay and Derek are back where they do a deep dive into dividends. There are a lot of misconceptions around things like total return vs price return, ex-dates, payable dates, record date and more.
HiPOS Conservative Trade Update - HiPOS is a systematic approach to selling volatility to generate monthly income. It is not trying to pick the direction of markets. Nor is it trying to predict fundamental things like earnings.