Jay Discusses How ZEGA Uses Options for Protection and for Opportunity with FA-IQ
Garrett Keyes, a reporter at Financial Advisor IQ, spoke with two experts, one being our very own Jay Pestrichelli, about how to handle market swings.
Garrett Keyes, a reporter at Financial Advisor IQ, spoke with two experts, one being our very own Jay Pestrichelli, about how to handle market swings.
Late yesterday the ZEGA trading team found a HiPOS trade that qualified under our rules for entry. For this trade we used a short-put spread to generate premium on the underlying S&P 500 Index.
Jay got into the nitty gritty of hedging yesterday with Katherine Ross of The Street. Jay explained the importance of hedging as a source of protection, which can limit and better manage risk for your clients.
Treasury Bonds in Taxable HIPOS Accounts We have received several questions asking why we placed Treasuries into the HiPOS Conservative accounts. A few things to cover here.
With only 7 trading days and 10 calendar days (including Presidents Day) to go until expiration day the underlying S&P 500 Index remains firmly above both the short 2460 strike price and purple defensive posture line.
In the wake of our last trade which expired at a full profit on Friday, today the ZEGA trading team was back to work looking for a new position that satisfied our stringent rules for entry. This time, we found a February 22nd expiration short put spread with expiration of 2460 and 2410 on the S&P 500 Index.