Many advisors have clients currently in ZBIG (ZEGA Buffered Index Growth) strategies that contain option positions on SPY (S&P 500 Index ETF) that expire this month (December 2022). As allocators and investors with ZBIG know, it is a point-to-point strategy.
Download a copy of ZEGA's latest performance numbers
Derek is joined again by ZEGA CEO Jay Pestrichelli to discuss what market capitulation looks like and are we there yet? Plus, they discuss how markets tend to turn up prior to the economy bottoming historically.
New HiPOS Conservative Trade - With a continued higher volatility regime ZEGA’s traders were able to put money back to work finding a short put spread expiring December 2nd that qualified under our strict rules.
Watch the TDA Network replay where Jay talks about volatility selling tactics and a dividend plus premium selling approach.
Today our primary HiPOS Conservative trade will expire worthless for a full profit.