With expiration day just under 2 weeks away and counting, we wanted to give a short update on how the HiPOS Conservative strategy trade is holding up. You can see above on the chart that after entry the market has moved higher.
Download a PDF version of ZEGA's March 2021 performance numbers
Today the ZEGA traders were back to work on HIPOS Conservative finding a short call spread that qualified under our rules. For this one we identified a short 4375/4425 level in the S&P 500 Index that expires on May 7th.
Time for the Iron Condor to come home to this Friday’s expiration. When you are short volatility it can be a little tough to decide what to root for when the market moves. Go up, go down!
On a recent internal ZEGA call, a few of us remarked how we have gotten some questions from clients around whether or not they should buy Bitcoin
Today the ZEGA trading team re-entered the market in the S&P 500 Index after Friday’s successful expiration resulting in a full profit for the prior trade. With volatility remaining on the hide side...