HIPOS Weekly Update: Cash is King
After our last successful expiration of our primary HIPOS trade the ZEGA trading team is at work crunching the numbers looking for another position that qualifies under our stringent rules for entry.
After our last successful expiration of our primary HIPOS trade the ZEGA trading team is at work crunching the numbers looking for another position that qualifies under our stringent rules for entry.
Garrett Keyes, a reporter at Financial Advisor IQ, spoke with two experts, one being our very own Jay Pestrichelli, about how to handle market swings.
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.
See Jay’s discussion with Oliver Renick on the TD Ameritrade Network
With expiration day upon us Friday February 1st, the Iron Condor position appears to be poised to realize a full profit. Since we sell premium and generate credits, a full profit is realized when they expire worthless.