
Midyear Reflections of the Markets and Economy
After much speculation, its confirmed, we officially entered a bear market closing below 20% from the January 3rd top earlier this year.
After much speculation, its confirmed, we officially entered a bear market closing below 20% from the January 3rd top earlier this year.
With the short put spread resting 23% above (out of the money) the respite from the selloff has been a welcome site for the strategy.
Today the ZEGA team rolled forward and down (further out of the money) the primary HiPOS Conservative trade.
Despite the recent drops, our primary HiPOS conservative trade remains right around 10% out of the money.
Download a PDF copy of ZEGA's latest performance numbers
In our primary HiPOS Conservative trade, currently it has reaped the benefits of some sideways action in the underlying S&P 500 Index.