Options, Securities, Futures and Derivatives specialist. 28 years experience in the financial industry with specialized expertise in all facets options, futures and derivatives;
Nino Armienti began his 28-year career in the option and derivates industry as Member of the American Stock Exchange (AMEX) in 1984 where he became an options market-maker and specialist at the Arbitrage Co. (ARBCO). He co-founded Aspen Trading, LLC in 1993 where he was Managing Director of AMEX Listed Equity Derivative Trading. He subsequently was AMEX Head Trader for MDNH Partners, a San Francisco-based broker-dealer specializing in options market-making in all US-based options exchanges.
In 2002, Nino joined Centurion Securities as a limited partner where he created and managed an options portfolio utilizing his own capital.
He later rejoined some of his former colleagues from MDNH Partners at VTrader Group, LLC in 2006, a San Francisco-based broker-dealer with a Joint Back Office relationship with Merrill Lynch, to become Director of New York Operations.
Currently, Mr. Armienti is principal of Shandelee Trading, LLC , a professional options trading and consulting firm providing options strategies and analysis to fund managers and professional traders.
Shandelee Trading, LLC (2004)
VTrader Pro, LLC (2006-2012)
Centurion Securities, LLC (2002-2006)
MDNH Partners, LLC (1997-2002)
Aspen Trading, LP (1993-1997)
Rockrimmon Securities (1991-1993)
CRI Partners (1987-1991)
The Arbitrage Company (ARBCO), (1984-1987)
NASD/FINRA Series 7 General Securities Representative July 2006
NYSE Arca Series 44 Market Maker Authorized Trader April 2009
CBOE Series 56 Proprietary Trader July 2011
Seeking Alpha-Stock Market News & Financial Analysis, Writer/Contributor
· Pharmasset: M & A Presents Interesting Options Plays, January 4, 2012
· Writing Calls against Citibank Convertible Preferred Stock, January 13, 2102
· Collar the ConocoPhillips Hefty Dividend, February 14 2012
· Two Eli Lilly FDA Plays with Great Potential and Limited Downside, February 29, 2012
· The Case for a Lilly Takeover, March 5, 2012
· Forest Labs May Soon Lose its Independence: Options Play, March 13, 2012
Industry Affiliations and Memberships:
Member American Stock Exchange (AMEX), 1984 to 2002
AMEX Options Specialist Allocation Committee, 1992 to 1994
AMEX Options Market Makers Association (OMMA), 1992 to 2000
FINRA Dispute Resolution Board of Arbitrators, Industry Arbitrator, (2007)
Skills in Controversy: Trading Disputes – AMEX Floor Trading
Skills in Securities: Options, Stock Index Futures
Professional Options Trading and Consulting:
·Consult and advise hedge funds and fund managers on strategic deployment of equity options trades; construction of equity options trades based upon clients expectations of an event, target price of underlying security and forecasted volatility. Options advisory services included option’s profit & loss calculations and analysis, valuations of options, volatility assessment, and options utilization to hedge and/or enhance stock portfolios.
·Registered Options Trader to make markets in equity, index options as floor member at the American Stock Exchange (AMEX); arbitrage of put and call options vs. correlated options, equity, futures or ETF’s. Recruited, trained and managed options market-makers strategically assigned at the AMEX; options floor trading and procedure.
·Portfolio management of highly-leveraged, delta-neutral options positions comprised of multiple equities; determine trading strategies, risk parameters and volatility assumptions with individual market-makers in conjunction with firm capital risk.
Research in identifying superior options investments and options arbitrage opportunities; strategy selection of option volatility arbitrage, equity special situations, merger arbitrage, convertible bond arbitrage, equity long/short, capital structure arbitrage, includes options-skew arbitrage, event driven, macro and sector trading opportunities via options.
·Independent consultant for a CBOE member firm and broker-dealer specializing in options market-making and; stock, index, futures options proprietary trading for individuals, trading groups and hedge funds. Strategize and counsel with partners for trading options growth opportunities. Options risk management advisory.