Persistence and Perspective Through Drawdowns
This is one of those articles where a picture can tell 1000 words. So, in keeping with that idea, we will put some color around what your seeing above in the chart to help visualize...
This is one of those articles where a picture can tell 1000 words. So, in keeping with that idea, we will put some color around what your seeing above in the chart to help visualize...
Jay Pestrichelli, ZEGA Financials’ CEO, joins Derek Moore to walk through how this bear market compares to the 2008 Financial Crisis, 1997-1998 Asian Contagion, and 2000-2001 Dotcom crash.
As we head into the long Memorial Day weekend, our primary HiPOS conservative position is ticking down towards expiration day. With the market holiday Monday, after today we are looking at only 4 trading days remaining for this iteration of the strategy.
With today’s market surge, the HiPOS position that expires on May 29th benefited as it expanded its distance out of the money from the 2225 strike. Looking at the chart above, you can see that the close today in the market was higher than the range going all the way back to March.
After a 9-day hiatus of patiently waiting in cash, ZEGA’s trading team was back at it finding a new HiPOS Conservative short put spread trade. This trade qualified under out strict rules after yesterday’s sharp end of day retracement and lower opening this morning.
Download a PDF version of our latest performance numbers.