HIPOS Weekly Update: New Trade Alert
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).
HiPOS Weekly Update: Playing the Waiting Game
After our last HiPOS position expired at full profit the ZEGA trading team is hard at work scouring the market for a position that would qualify under our strict rules. However, that has not materialized yet. One reason is that volatility as illustrated above in the VIX Index chart, has shrunk of late.
HiPOS is Discussed on the TD Ameritrade Network Today
Jay broke down how ZEGA sells premium when volatility is slightly elevated. See Jay’s video with Oliver Renick today on Morning Trade Live at TD Ameritrade Network.
HiPOS Weekly Update: Final Stretch Drive
With Friday’s October 18th expiration in view we are now in the home stretch. This edition of the HiPOS trade was interesting in that we entered the position at the recent highs of the market. We also used a short put strike lower than the normal market calculations would have suggested.
HiPOS Weekly Update: Bending but not Broken
After several days of selling the S&P 500 Index firmed up a towards the 2910 level on Thursday’s close. With 10 trading days left until expiration day, the index remains about 8.5% above the short out of the money 2650 put strike price.
HiPOS Weekly Update: Meandering Markets
When our latest edition of our HiPOS conservative trade was entered the S&P 500 Index stood at 3020. Intraday Thursday we see the market hanging around the 2975 level in what I would call a bit of a meandering market.