Last Friday the markets sold off on a spike in volatility. Many thought that would continue Monday but instead the markets rallied until this morning. Today the market saw its shadow and once again we see a short-term spike in volatility as markets sell off prior to the weekend.
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...
After running the analytics today, ZEGA’s traders found a new short put spread for our primary HiPOS Conservative strategy. This iteration will have a January 31st expiration which is 17 trading days away given weekends and the Martin Luther King Jr. holiday on Monday the 20th. The underlying index is once again the S&P 500 and the profit target is 1%.
Recently I’ve been listening to various financial analysts talk about what the previous decades average returns mean for the next decade. Questions like: Where are we on valuations? What will earnings do? Where do the 2010’s as a decade rank in comparison to past decades with total returns (including dividends)?