HiPOS Trade: New December Trade Details
Today ZEGA’s traders were back at it finding a short S&P 500 Index put spread. This vintage has only 9 trading days until expiration on December 29th.
HiPOS Weekly Update: Never in Doubt?
The S&P 500 Index (SPX) currently sits just over 21% above the short 3200 put strike price through midday Thursday. While this trade was never threatened, it’s important to remember that anytime we put on a short volatility position, we are putting on risk.
New Podcast: Capitulation - Markets Tend to Lead the Economy
Derek is joined again by ZEGA CEO Jay Pestrichelli to discuss what market capitulation looks like and are we there yet? Plus, they discuss how markets tend to turn up prior to the economy bottoming historically.
HiPOS Update: Right in The Sweet Spot at Expiration
Today our primary HiPOS Conservative trade will expire worthless for a full profit.
HiPOS New Trade Update: Volatility Not on Holiday
HiPOS Conservative New Trade Position: Today ZEGA’s traders used the continued elevated volatility levels to identify a new short put spread trade for accounts.
HiPOS Weekly Update: Bending but Not Breaking with Down Move
After today’s close, only 10 trading days remain on the short put spread position.