As we edge closer to the Christmas and New Year’s holidays, we’ve seen markets rally and volatility subside. Looking at the VIX Index chart above, you’ll notice that implied volatility is trading at the bottom of its 2019 range.
This week they are back to take a deeper dive using some case studies and additional detail around holding large concentrated single stock positions.
Listen to the latest Podcast where Jay and Derek discuss Solutions to Concentrated Stock Risk
Just a few weeks ago it seemed like we heard daily reports of the impending recession. Yields had dropped to lows not seen in a few years and pundits on the financial channels got defensive in their security allocations. Fast forward just 20 days and today the market is on pace to reach a new fresh all-time high.
In a special Halloween HiPOS blog edition, we announce that ZEGA executed a new position consisting of a short put spread on the S&P 500 Index (SPX).
This week as the S&P 500 Index again peaked its head above the 3000 level, I received a question about whether they should sell their stocks due to all the talk about potential recessions. I’ve said before many times, predictions of a recessions beginning and end, and most importantly have been flawed and often wrong.