Archive for August, 2011
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Halliburton Rockwood Spread
Posted by Michael Bigger on August 30th, 2011 at 1:02 pm, Comments: 0Yesterday we bought the spread $HAL-$ROC as part of our statistical strategy. We thought we’d give a brief description of the main statistics we [...]
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How I Use Spreads in Volatile Markets
Posted by Michael Bigger on August 25th, 2011 at 2:52 pm, Comments: 0The volatility in the markets this month has reinforced for us the huge value of trading spreads. With spreads, you are betting on relative performance [...]
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COCO Has Arrived
Posted by Michael Bigger on August 23rd, 2011 at 9:51 am, Comments: 0On Monday, January 10, I posted the following tweet about Corinthian College ($COCO): $COCO reported earnings this morning and as expected they were [...]
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Five Things We’ve Learned about Spread Trading
Posted by Michael Bigger on August 22nd, 2011 at 2:11 pm, Comments: 0Avoid Spreads Which Have Recently Gapped – Sometimes a spread will meet your criteria because it gapped. Be careful of these. It may indicate the [...]
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American Apparel Heating up?
Posted by Michael Bigger on August 15th, 2011 at 12:46 pm, Comments: 0We are analyzing a special situation with American Apparel ($APP). As background, $APP secured rescue capital from Michael Serruya and Delavaco Capital on April 26 [...]
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More Thoughts About Stop-Loss
Posted by Michael Bigger on August 11th, 2011 at 11:05 am, Comments: 0When setting up a long position with a stop-loss and a target profit level, the trader is basically long volatility above the entry price and [...]
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Michael Bigger is an investor and a trader who has been involved with trading technologies for more than twenty years. In 1992, Michael joined Citibank as head trader of U.S. single-stock derivatives, where he managed a $5 billion portfolio of equity derivatives. In 1998, he joined D.E. Shaw & Co., L.P. to trade the U.S. equity derivatives portfolio. (More) -
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