Friday on CNBC Bob Pisani did a TV segment and article around how most equity managers underperformed the S&P 500 Index. One of the graphics they used showed the percentage that underperformed on a 1yr, 10yr, and 15yr basis.
Chris Matthews of MarketWatch met with Jay this morning to see what he, as a strategist, believes is going on with the market. Full coverage of Jay’s discussion can be found here.
Click here for a PDF version of our February performance numbers.
Late yesterday the ZEGA trading team found a HiPOS trade that qualified under our rules for entry. For this trade we used a short-put spread to generate premium on the underlying S&P 500 Index.
Jay got into the nitty gritty of hedging yesterday with Katherine Ross of The Street. Jay explained the importance of hedging as a source of protection, which can limit and better manage risk for your clients.
Click for a PDF version of our January performance numbers.