Derek Moore and Jay Pestrichelli, CEO of ZEGA Financial, discuss how people are blaming the Wed 1.5% selloff on 0 DTE options while the CBOE says not so fast as dealers may have been buying stocks during the drawdown thus stabilizing markets. Later they talk...
Derek and Jay discuss the new consensus of the Fed doing multiple rate cuts so what could go wrong? Record call option volume while the VVIX makes a move higher while the VIX continues lower.
HiPOS Conservative Position Update - Today ZEGA’s traders took off some of the risk within the HiPOS conservative strategy.
ZEGA’s November 2023 Performance Numbers Release
Derek and Jay discuss the drop in the VIX Index off the highs. How S&P 500 2024 targets are showing up and why investors may not care. Labor force participation turned down so what does that mean if anything?
Typical Buy and Hedge Classic Construction - We normally purchase shares of SPY to gain exposure to the S&P 500 Index.