My Merger Arbitrage Journal

Discussion in 'Journals' started by mergerpie, Feb 8, 2018.

  1. Hi guys,

    I would like to share my merger arbitrage journal here in elitetrader. My objective in this journal is to track as well as share my trades with forumers who are interested in merger arbitrage. It seemed like there are very few merger arbitrage investors around here so I would like to get the ball rolling as well as make some new friends here...Here's current holdings so far:

    1. Monsanto
    2. Time Warner
    3. Bunge Ltd
    4. Short BIVV Puts
    5. Short JUNO Puts
    6. Short AKRX Puts
     
    Last edited by a moderator: Feb 8, 2018
    jtrader33 likes this.
  2. My biggest position currently is Monsanto. Monsanto just got approved by CADE Brazil so what's left are EU, DOJ and MOFCOM for the big 3 approvals plus other countries. I am highly confident Bayer's merger with Monsanto will get approved by Jun 2018.
     
  3. Bobbybax

    Bobbybax

    Arbitrage requires both a long and a short.
     
  4. For cash deals like Monsanto, is it necessary to add a short of Bayer?
     
    JackRab likes this.
  5. I'm not a professional but I prefer to just take the long side of a cash deal.
     
  6. if its a cash deal, there is no short side

    arb 101

    beware statements made by anyone with less than 1875 posts
     
    JackRab, MoreLeverage and mergerpie like this.
  7. :thumbsup::sneaky::sneaky:
     
  8. Bobbybax

    Bobbybax

    That is spec, not arb.
     
  9. newwurldmn

    newwurldmn

    Ignore bobby. He doesn't know what he's talking about.
     
  10. elt894

    elt894

    Looking forward to more posts. I've done some merger arbitrage but no current trades. Do you only take bullish positions?

    I had missed the JUNO announcement. Do you have a good source for announced mergers?
     
    #10     Feb 8, 2018