European Event-Driven Analyst

Jesus Rodriguez Aguilar

Jesús is an Insight Provider (Event-driven) on the Smartkarma network, where he looks across sectors at opportunities arising from securities mispricing (both credit and equity), share classes, bid announcements, prospective bids, and special situations. He has served as Economic and Business Advisor at the Spanish Congress in Madrid. Prior to that, he has worked in the City of London: as a Credit Analyst at Bloomberg; Event-driven associate at former boutique European Research; and doubled as Special Situations and Equity-linked VP (convertible bonds) at Merrill Lynch. Jesús has an MBA from the London Business School, a BA (Hons.) degree in Economics from the Complutense University in Madrid, and a BA (Hons.) in Law from U.N.E.D., also in Madrid.

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Event-Driven

<ul>
<li>Offer Period: Both PPF and MFE offers expire August 13, 2025, allowing shareholders to weigh competing bids. The synchronized deadline heightens pressure on MFE to respond or risk losing influence.</li>
<li>Options Strategy: Buying the €7.10 call offers low-cost exposure to a potential bump. With breakeven at €7.26 and decent delta, it's a tactical way to play a revised MFE bid.</li>
<li>Spread Trade: A €7.10/€7.40 call spread caps risk at €0.10 and offers 3:1 reward potential. Attractive for investors expecting moderate upside without committing full premium or needing full stock exposure.</li>
</ul>


Offer Period: Both PPF and MFE offers expire August 13, 2025, allowing shareholders to weigh competing bids. The synchronized deadline heightens pressure on MFE to respond or risk losing influence.
Options Strategy: Buying the €7.10 call offers low-cost exposure to a potential bump. With breakeven at €7.26 and decent delta, it's a tactical way to play a revised MFE bid.
Spread Trade: A €7.10/€7.40 call spread caps risk at €0.10 and offers 3:1 reward potential. Attractive for investors expecting moderate upside without committing full premium or needing full stock exposure.


Event-Driven Optionality in ProSieben: Playing the Floor, Targeting the Upside

ProSiebenSat.1 Media SE

Event-Driven Optionality in ProSieben: Playing the Floor, Targeting the Upside