Derek and Jay discuss the Bank of America piece saying maybe Goldman Sachs got 0 DTE option effects wrong. Plus, what did Jay Powell’s speech mean if anything?
Where The HiPOS Conservative Strategy Positions Stand - We touch on it all the time how HiPOS can potentially realize profits in up, down, or sideways markets.
ZEGA’s July 2023 Performance Numbers Release
Where the Current HiPOS Conservative Trade Stands - We always say that HiPOS does ok even if markets move against us. So long as markets don’t move too much too early in the lifecycle of a trade.
Derek and Jay are back discussing how higher interest rates have impacted the price of call and put options. They use some examples of what happens to options prices due to rates and dividends.
Where HiPOS Conservative Stands - Given how much markets have been up, any down days feel almost surprising.