Keeping You Informed of Industry Changes, News and More

With the close of 2018 performance release, we can reflect on the year past and the future. As you all know the S&P 500 Index had its first down year since 2008 closing down -4.38%.

Yesterday with the pullback in equity markets, we were able to find a short put spread HIPOS trade that qualified our entry rules. For some of you this might be a new wrinkle for HIPOS as this created an Iron Condor position.

Take a look at Jay’s bond market outlook in Lou Carlozo’s article, “How Bond Investors Can Cope With a Bear Threat” at U.S. News.

As markets move higher & fear subsides, volatility is shrinking & thus is helping somewhat on the prices of our short call spreads. This is one of the components, & a major one, of how options are priced.

Jay spoke with Ciara Linnane today from MarketWatch about how next week, the 4th quarter earnings season will kick off for banks.