As the second week of our latest HiPOS Conservative trade ends, the market action has generally been bullish with a sprinkle of bear moves mixed in. One of the ways we monitor our HiPOS trades is by calculating the current distance from the S&P 500 Index to the short put strike.
After what seemed like a one-day event, volatility has receded as the underlying markets move back to all-time highs. This price action has been favorable for our HiPOS conservative trade as it results in the distance widening between the current price and the short 2875 strike.
ZEGA is excited to be attending TD Ameritrade’s LINC conference in Orlando. While appearing at the conference, Jay was able to speak with Oliver Renick from the TD Ameritrade Network about Buy & Hedge.
As expiration Friday arrives this week, we thought we’d put out a quick HiPOS update. As you can see by the graph above, while the market sold off on a gap down Monday...
See Jay explain one of the current HiPOS Conservative trades to Oliver Renick from the TD Ameritrade Network. Jay also adds some input...
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.