HiPOS Weekly Update: Sideways Action a Positive
In our primary HiPOS Conservative trade, currently it has reaped the benefits of some sideways action in the underlying S&P 500 Index.
HiPOS New Trade Update: How Higher Volatility Benefits the Strategy
Today ZEGA’s traders put on a new short put spread on the S&P 500 Index. Given that volatility remains elevated in our current environment, we identified a targeted +1.4% profit with a distance out of the money of about 17% at time of entry.
HiPOS Update: Success at the End of the Journey
Today our primary conservative HIPOS trade will expire worthless. That is good news since we’ll realize a full profit on positions. This trade was a little different in that we rolled forward to take advantage of the volatility increasing our profit target while extending the original expiration out as well.
HiPOS Weekly Update: Positive Time Decay Offsets Sharp Index Moves
As the markets march towards the close today, all the indexes have retraced after some green shoots the last two days. For our primary HiPOS trade the news isn’t all bad though.
HiPOS Update: Bend But Don’t Break
While markets have pushed lower, the NDX still remains about 15% above the short put strike of 10300. After the close today, the trade will have 14 trading days left until expiration day.
ZEGA's Market and Strategy Update 5-3-2022
Listen to the ZEGA team discuss recent market conditions and how ZEGA's strategies are performing