To quote Leslie Nielson in the 80’s comedy The Naked Gun, “Nothing to See Here!”. One day the market rockets up for the best day since June.
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Today the ZEGA traders put money back to work in the HiPOS Conservative version of the strategy. With volatility remaining elevated and the S&P 500 Index continued weakness, they found a put side trade that qualified under our strict rules for entry.
With only 5 full trading days left until expiration Friday morning February 19th, the S&P 500 Index has continued its march higher. This is positive for the HiPOS Conservative trade in a few ways. First, the index has stayed well above...
We wanted to post a quick update on our HIPOS Conservative strategy as the ZEGA trading team put on a new short put spread.