HIPOS Weekly Update: Trade is On
Today ZEGA’s traders took an opportunity to put on a new HiPOS short put spread position using the S&P 500 Index (SPX). This was done as the opportunity met all the stringent qualifications under our trading rules.
Today ZEGA’s traders took an opportunity to put on a new HiPOS short put spread position using the S&P 500 Index (SPX). This was done as the opportunity met all the stringent qualifications under our trading rules.
Where is the warning level? The options market isn’t projecting any major sell offs at this point. Volatility remains low with a 12 handle.
Jay spoke with Wall Street Journal reporter, Amrith Ramkumar, about how trading volumes have fallen recently. Interestingly enough, volume and volatility have very similar trends.
Watch ZEGA’s 2019 Q1 Update to hear Jay go over a brief market review, explain how ZEGA’s strategies are performing, and what is going on at ZEGA in 2019.
Click here for a PDF version of our March performance numbers.
After our last successful expiration of our primary HIPOS trade the ZEGA trading team is at work crunching the numbers looking for another position that qualifies under our stringent rules for entry.