Discussion in 'Journals' started by mergerpie, Feb 8, 2018.
I was in NXPI early..sold too early with too little stake
any insights about Bunge? I hope ADM can succeed and Bunge will not be too greedy... ADM wanted to expand in South America and Asia and Bunge can give them that...
If the buyer collapses, the cash deal won't consummate. Not hard to understand.
Closed out my JUNO short puts to increase my portfolio margin... some movement in BIVV put options priced me out of closing... curiously JUNO $30 Mar 18 Puts are didn't spike up in price but BIVV $100 Jul 18 Puts spiked from $1.20 to $1.75 yesterday with underlying little changed... volatility spike?
Market was up big but my merger arb stocks didn't respond sadly... wanted to buy more Monsanto.
i closed all my JUNO and BIVV short puts options to concentrate on MON... Now left with Mar $30 short AKRX puts, MON, TWX and BG. A little bit worried about BG as there is still no indication if the negotiations are successful for a merger but my position is not very big.
closed out BG with a loss as well.. with the bad results and conference call by BG, sounds like they are not trying to sell the entire company.
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