Where the Current HiPOS Conservative Trade Stands - With only 10 trading days to go until May 19th expiration, this week was a measure in extremes. One day the market sells off on fill in the blank worry.
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.
Derek and Jay are back again to discuss the CBOE launching a new 1 Day VIX Index and what it means in relation to the viability of the traditional VIX Index. Plus, they note that 1 month treasury bill yields are far below the 3 month which is odd when looking historically at the relationship.
New HiPOS Trade: Late Day Dive Creates Opportunity - Today after a brief respite, a new HiPOS short put spread position was initiated late in Thursday’s trading session.
Download ZEGA’s March 2023 Performance Numbers Release
Where the HiPOS Trade Stands - With 2 more full days of trading left, the S&P 500 Index (SPX) currently sits over 21% above the short 3200 strike.