- Manage
day-to-day operations of option portfolio and execute trades to maximize
risk reward.
- Developed
the funds trading program for proper process control.
- Ensure
objectives align with market sentiment by remaining current on macroeconomics
and microeconomics.
- Analyze
arbitrage opportunities based on expected value and create long and short
positions in multiple market sectors.
- Maintain cost
efficient execution and resolve “trade breaks” by maintaining constant
communication with trading operations division.
- Minimize risk
by staying updated on industry regulations; regularly communicate with
compliance department.
- Monitor
realized profit and loss (P&L) compared to theoretical future forecasts
of expected return.
- Utilize Bank of
America Merrill Lynch electronic securities lending system to monitor
locates of hard-to-borrow securities.
- Improved upon
existing earnings analysis tool by instructing developers to back
test for directional bias.
- Mentored
junior employees in risk management, volatility analysis, and options
theory.
- Collaborated
with developers to create new volatility analysis tool; enabled traders to
quantitatively price 2009 options after all-time volatility index highs of
2008.
- Achieved
return on equity of 59% in 2010 and an average of 50% over a 3-year
period.
- Conducted
floor- and screen-based market making in 50+ different equity names with
more than $7 million gross revenue.
- Successfully
traded mergers and acquisitions (M&A) of Bank of America for
FleetBoston and Nestlé’s purchase of Dreyer’s Grand Ice Cream.
- Among first traders to price volatility and
make option markets in Monster.com
and Sirius Satellite Radio.
- Partnered with
owner/developer of ScriptedEdge option quoting program to improve product;
added ability to auto hedge trades based on risk tolerance.
- Received
athletic scholarship for baseball
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