HiPOS Conservative Trade Update - As of early afternoon Thursday, the S&P 500 Index (SPX) is showing strength as it tries to close the gap created by the move down on Monday and the previous Friday’s close.
Derek and Jay jumped on a special edition podcast to discuss whether the move in things like the VIX and VVIX were warranted given the technical surroundings of the carry trade and where markets went.
HiPOS Conservative Close and Roll Trade Update - Today we executed a close of the existing short put spread and simultaneously rolled to a new open short spread a week later and further down out of the money.
New Trade: HiPOS Conservative Details: Today ZEGA’s traders found a short put credit spread that met all our strict rules for entry.
Derek Moore is back to discuss the recent talk from the “talking heads on TV” that the economy is weakening. What are they looking at and are they right?