“What we’re witnessing today, this week and this month, is a continuation in the rise of optimism,” said Mike Zigmont, head of trading and research at Harvest Volatility Management.
The CEO of a $3.5 billion investing firm recounts how he went from working in GM's treasurer's office to hedging for high-net-worth investors on Wall Street — and shares 2 options strategies that investors can take advantage of now
The selloff in equities was the result of a tremendous rally over the past week, said Mike Zigmont, head of trading at Harvest Volatility Management. “There’s no news headline that screams bearish catalyst to me, but conversely, other than the nonfarm payrolls data, the past two weeks haven’t had super bullish catalysts either.”
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1Please note that the Adviser calculates its assets under management with respect to its overlay strategies based on notional valuations and mandate sizes rather than market valuations. AUM is as of 9/30/2022.