por Melida Montemayor | May 8, 2025 | Informe Option Levels
Macro Theme: Key dates ahead: 5/11: US/China Tariff Meeting 5/5: We continue to see a negative volatility premium in the S&P500, which validates owning 1-2 month put spreads as referenced on 4/25. Those puts were hedged with short dated/Friday exp long call...
por Melida Montemayor | May 7, 2025 | Informe Option Levels
Macro Theme: Key dates ahead: 5/7: FOMC 5/10: US/China Tariff Meeting 5/5: We continue to see a negative volatility premium in the S&P500, which validates owning 1-2 month put spreads as referenced on 4/25. Those puts were hedged with short dated/Friday exp long...
por Melida Montemayor | May 6, 2025 | Informe Option Levels
Macro Theme: Key dates ahead: 5/7: FOMC 5/5: We continue to see a negative volatility premium in the S&P500, which validates owning 1-2 month put spreads as referenced on 4/25. Those puts were hedged with short dated/Friday exp long call structures, which profit...
por Melida Montemayor | May 5, 2025 | Informe Option Levels
Macro Theme: Key dates ahead: 5/7: FOMC 5/5: We continue to see a negative volatility premium in the S&P500, which validates owning 1-2 month put spreads as referenced on 4/25. Those puts were hedged with short dated/Friday exp long call structures, which profit...
por Melida Montemayor | May 2, 2025 | Informe Option Levels
Macro Theme: Key dates ahead: 5/2: NFP 4/29: Based on the formation of light positive gamma >5,500, we look to be net long of stocks while SPX holds that level. We recommend short dated (May exp) calls or call spreads. This does not invalidate the view of owning...
