Arbitrage
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Oxford Lane Capital Stock: Do We Still Like The Bonds? (NASDAQ:OXLC) (NASDAQ:OXLCZ)
Seeking Alpha· 2025-11-14 08:59
we discuss ideas like this as they happen in more detail. All active investors are welcome to join on a free trial and ask any question in our chat room full of sophisticated traders and investors.Oxford Lane Capital Corporation ( OXLC ) is a well-established player in the CLO investment space. In this analysis, we assess its financial health and compare the risk and return characteristics of its financial instruments to determineArbitrage Trader, aka Denislav Iliev has been day trading for 15+ years and le ...
Yield Hunting Part 36: Runway Growth Finance And Close To 8% From RWAYL
Seeking Alpha· 2025-11-12 23:07
The Trade With Beta team has been submerged in the universe of preferred stocks and baby bonds for almost a decade, and we decided to share our knowledge and expertise through the inception of this service. We attempt to cover all aspects of these products, from IPOs to pair trades and portfolio picks and, last but not least, issues. Additionally, once a month, we go through all different groups of fixed-income instruments to make sure that nothing has gone unnoticed.Arbitrage Trader, aka Denislav Iliev has ...
有色套利早报-20251112
Yong An Qi Huo· 2025-11-12 00:52
Report Summary 1. Report Industry Investment Rating - No investment rating information is provided in the report. 2. Report Core View - The report presents cross - market, cross - period, and cross - variety arbitrage tracking data for various non - ferrous metals including copper, zinc, aluminum, nickel, lead, and tin on November 12, 2025 [1][3][4]. 3. Summary by Related Directory Cross - Market Arbitrage Tracking - **Copper**: Spot domestic price is 86,750, LME price is 10,788, with a ratio of 8.02; March domestic price is 86,720, LME price is 10,809, ratio 8.02. Spot import equilibrium ratio is 8.08, profit is - 502.58, and spot export profit is 118.66 [1]. - **Zinc**: Spot domestic price is 22,660, LME price is 3,188, ratio 7.11; March domestic price is 22,705, LME price is 3,071, ratio 5.68. Spot import equilibrium ratio is 8.50, profit is - 4438.29 [1]. - **Aluminum**: Spot domestic price is 21,620, LME price is 2,853, ratio 7.58; March domestic price is 21,665, LME price is 2,877, ratio 7.54. Spot import equilibrium ratio is 8.33, profit is - 2136.61 [1]. - **Nickel**: Spot domestic price is 122,950, LME price is 14,874, ratio 8.27. Spot import equilibrium ratio is 8.18, profit is - 1805.20 [1]. - **Lead**: Spot domestic price is 17,300, LME price is 2,030, ratio 8.52; March domestic price is 17,450, LME price is 2,051, ratio 11.06. Spot import equilibrium ratio is 8.72, profit is - 399.90 [3]. Cross - Period Arbitrage Tracking - **Copper**: The spreads between the next - month and spot - month, March and spot - month, April and spot - month, May and spot - month are 150, 240, 210, 210 respectively, while the theoretical spreads are 534, 967, 1408, 1850 [4]. - **Zinc**: The spreads are 60, 90, 115, 110, and the theoretical spreads are 216, 338, 460, 582 [4]. - **Aluminum**: The spreads are - 35, 15, 20, 30, and the theoretical spreads are 219, 340, 460, 580 [4]. - **Lead**: The spreads are 35, 45, 55, 40, and the theoretical spreads are 212, 320, 428, 536 [4]. - **Nickel**: The spreads are 220, 370, 580, 800 [4]. - **Tin**: The 5 - 1 spread is - 980, and the theoretical spread is 5957 [4]. Spot - Futures Arbitrage Tracking - **Copper**: The spreads between the current - month contract and spot, next - month contract and spot are - 235, - 85, and the theoretical spreads are 93, 594 [4]. - **Zinc**: The spreads are - 45, 15, and the theoretical spreads are 85, 217 [4]. - **Lead**: The spreads are 105, 140, and the theoretical spreads are 103, 218 [5]. Cross - Variety Arbitrage Tracking - The ratios of copper/zinc, copper/aluminum, copper/lead, aluminum/zinc, aluminum/lead, lead/zinc in Shanghai (three - continuous) are 3.82, 4.00, 4.97, 0.95, 1.24, 0.77, and in London (three - continuous) are 3.53, 3.77, 5.25, 0.94, 1.39, 0.67 [5].
有色套利早报-20251110
Yong An Qi Huo· 2025-11-10 00:36
Report Industry Investment Rating - No information provided. Report's Core View - The report presents cross - market, cross - period, and cross - variety arbitrage tracking data for non - ferrous metals including copper, zinc, aluminum, lead, nickel, and tin on November 10, 2025 [1][4][5]. Summary by Related Catalogs Cross - Market Arbitrage Tracking - **Copper**: On November 10, 2025, the domestic spot price was 85925, the LME price was 10697, and the ratio was 8.07. The March ratio was 8.03. The equilibrium ratio for spot import was 8.09, with a profit of - 685.03, and the spot export had a profit of 126.56 [1]. - **Zinc**: The domestic spot price was 22620, the LME price was 3208, and the ratio was 7.05. The March ratio was 5.71. The equilibrium ratio for spot import was 8.50, with a profit of - 4661.59 [1]. - **Aluminum**: The domestic spot price was 21540, the LME price was 2831, and the ratio was 7.61. The March ratio was also 7.61. The equilibrium ratio for spot import was 8.33, with a profit of - 2054.39 [1]. - **Nickel**: The domestic spot price was 122200, the LME price was 14859, and the ratio was 8.22. The equilibrium ratio for spot import was 8.19, with a profit of - 1837.56 [1]. - **Lead**: The domestic spot price was 17275, the LME price was 2023, and the ratio was 8.53. The March ratio was 11.16. The equilibrium ratio for spot import was 8.73, with a profit of - 409.62 [3]. Cross - Period Arbitrage Tracking - **Copper**: The spreads for次月 - 现货月, 三月 - 现货月, 四月 - 现货月, and 五月 - 现货月 were - 360, - 340, - 340, and - 350 respectively, while the theoretical spreads were 534, 965, 1406, and 1846 [4]. - **Zinc**: The spreads were 90, 125, 140, and 135, and the theoretical spreads were 216, 338, 460, and 583 [4]. - **Aluminum**: The spreads were - 5, 30, 35, and 55, and the theoretical spreads were 219, 339, 459, and 579 [4]. - **Lead**: The spreads were 50, 75, 45, and 35, and the theoretical spreads were 212, 320, 428, and 535 [4]. - **Nickel**: The spreads were - 40, 130, 320, and 580 [4]. - **Tin**: The 5 - 1 spread was - 550, and the theoretical spread was 5865 [4]. Spot - Futures Arbitrage Tracking - **Copper**: The spreads for the current - month contract - spot and the next - month contract - spot were 310 and - 50, and the theoretical spreads were 249 and 672 [4]. - **Zinc**: The spreads were 10 and 100, and the theoretical spreads were 115 and 247 [4]. - **Lead**: The spreads were 95 and 145, and the theoretical spreads were 117 and 232 [5]. Cross - Variety Arbitrage Tracking - On November 10, 2025, for cross - variety arbitrage, the ratios of copper/zinc, copper/aluminum, copper/lead, aluminum/zinc, aluminum/lead, and lead/zinc in Shanghai (triple - continuous) were 3.78, 3.98, 4.93, 0.95, 1.24, and 0.77 respectively, and in London (triple - continuous) were 3.51, 3.76, 5.24, 0.93, 1.39, and 0.67 [5].
Dave Ramsey Reacts To A Dad Bragging About His Teenage Daughter's Car-Buying And Investing Scheme. 'Need To Take A Shower After Watching That'
Yahoo Finance· 2025-11-06 13:31
There’s one video that was making rounds on social media platforms a couple of years ago, which caught the attention of personal finance experts Dave Ramsey and Rachel Cruze during a past episode of “The Ramsey Show.” The clip featured a father proudly filming his teenage daughter, claiming she was buying her first car using a loan and investing her savings into an Airbnb to cover the payments. The Math And Morals Don't Add Up “It just drips in arrogance,” Ramsey said after watching the clip, adding, “Y ...
DeFi Technologies Reports an Arbitrage Trade of $3.2 Million by DeFi Alpha
Prnewswire· 2025-11-06 12:30
Arbitrage Trade Execution:Â DeFi Alpha, DeFi Technologies' specialized arbitrage trading desk, generated a one-time return of approximately $3.2 million from an arbitrage trade, highlighting its ability to capture value in volatile market conditions. Strengthened Financial Position:Â The return from this trade will be reflected in the Company's Q4 2025 financial statements, enhancing DeFi Technologies' overall liquidity and reinforcing DeFi Alpha's capability in generating non-correlated returns. Favorable ...
X @aixbt
aixbt· 2025-11-06 11:25
circle has 12 months to solve an unsolvable problem. usdc can't comply with both mica and genius act using one token. eu requires 30% reserves in eu banks, us requires 100% in us treasuries. same address can't redeem through both systems. $35b liquidity splits into usdc-us and usdc-eu. defi protocols need separate pools for each. 0.5-2% price divergence guaranteed. eu stablecoins like eure capture the arbitrage. ...
Revisiting The Credit Quality Of Innovative Industrial Properties (NYSE:IIPR)
Seeking Alpha· 2025-11-06 07:49
Group 1 - The article discusses Innovative Industrial Properties (IIPR), a company that operates properties leased to the cannabis industry, distinguishing it from traditional REITs that focus on offices or hotels [1] - The credit-scoring framework is revisited to analyze IIPR, indicating a focus on financial metrics and investment potential [1] - The article mentions the involvement of Denislav Iliev, an experienced day trader leading a team of analysts who identify mispriced investments in fixed-income and closed-end funds [1]
Revisiting The Credit Quality Of Innovative Industrial Properties
Seeking Alpha· 2025-11-06 07:49
Group 1 - The article discusses Innovative Industrial Properties (IIPR), a company that operates properties leased to cannabis-related businesses, distinguishing it from traditional REITs that focus on offices or hotels [1] - The credit-scoring framework is revisited to analyze IIPR, indicating a focus on financial metrics and investment potential [1] Group 2 - The article mentions Denislav Iliev, an experienced day trader leading a team of analysts who identify mispriced investments in fixed-income and closed-end funds [1] - The investing group Trade With Beta is highlighted, which offers services including frequent picks for mispriced preferred stocks and baby bonds, as well as weekly reviews of over 1200 equities [1]
Shopping Center REITs Arbitrage Public To Private Asset Pricing Spread
Seeking Alpha· 2025-11-05 23:15
Core Viewpoint - Shopping center REITs are positioned to exploit a partial arbitrage opportunity between private and public real estate markets, which can enhance earnings and shareholder value [1][5]. Group 1: Arbitrage Mechanics - Arbitrage occurs when the same asset trades at different prices across markets, leading to profit opportunities [2]. - Current real estate markets exhibit a partial arbitrage, with private real estate values being 10%-40% higher than public market prices [3]. - The valuation gap between private and public markets has persisted for about two years, allowing REITs to capitalize on this discrepancy [5]. Group 2: REIT Strategies - REITs can buy back their stock and sell properties at higher private market prices, effectively closing the valuation gap [6][11]. - The implied cap rate of a REIT can be calculated by dividing its forward net operating income (NOI) by its enterprise value, which can then be compared to market cap rates for similar properties [7]. - For example, if a shopping center REIT has an implied cap rate of 8% while similar properties sell at 6%, the REIT can sell assets and use the proceeds to buy back stock, resulting in increased NOI per share [8][10]. Group 3: Case Studies - Kite Realty (KRG) plans to sell $500 million in assets to repurchase shares, highlighting the strategy of redeploying capital for shareholder value [11]. - Brixmor (BRX) is also considering buybacks as its share price remains below NAV, with a recent 7% increase in its annual dividend [23]. - CTO Realty Growth (CTO) has already begun executing buybacks, having repurchased $9.3 million in common stock in 3Q25 [24]. Group 4: Market Conditions - The shopping center sector is experiencing a significant disconnect between positive fundamentals and negative stock pricing, leading to mispricing opportunities [30][31]. - Many shopping center REITs are trading at implied cap rates of 7.5%-9%, while high-quality assets could be valued closer to 6% cap rates [32].