Richard Greywitt Email & Phone Number

California, United States

Berkeley, California, United States

San Francisco Bay Area

• Increased market share and profits by 11x over first 3 years of employment by identifying areas for growth, setting goals, and putting systems in place to achieve those goals while maintaining a high reward/risk ratio• Supervised a team of 5-15 options traders in a highly competitive and fast paced environment by identifying and managing a wide array of personalities and leading by example through mentorship• Specialized in merger arbitrage, bimodal events, and special situations… Show more • Increased market share and profits by 11x over first 3 years of employment by identifying areas for growth, setting goals, and putting systems in place to achieve those goals while maintaining a high reward/risk ratio• Supervised a team of 5-15 options traders in a highly competitive and fast paced environment by identifying and managing a wide array of personalities and leading by example through mentorship• Specialized in merger arbitrage, bimodal events, and special situations requiring unique options pricing models, created over 200 models using Monte Carlo Simulation• Developed a predictive volatility model, used firm-wide, to determine the market’s risk premium for volatility at any moment in time by running a least squares regression on historical and implied volatility on a cleaned dataset of over 2500 individual equities• Identified trading opportunities across over 2000 equities, ETFs (Exchange-Traded Funds), and corresponding options, keeping idiosyncratic and portfolio max losses within firm guidelines and self-conceived stress test scenario outcomes• Designed a comprehensive training program and educated 25 first time traders in options valuation, arbitrage identification, real world trading, and game theory as director of Cutler’s education team Show less

San Francisco Bay Area

• Launched a hedge fund and management company by building from concept to implementation• Cultivated a fund strategy through industry knowledge and back-testing involving arbitrage positions utilizing shorting of leveraged ETF pairs, with historical returns of 14% and a standard deviation of 9%• Developed and refined a marketing/sales strategy by pitching to over 100 potential fund investors across a wide range of the accredited investor community• Leveraged partnerships with Fund… Show more • Launched a hedge fund and management company by building from concept to implementation• Cultivated a fund strategy through industry knowledge and back-testing involving arbitrage positions utilizing shorting of leveraged ETF pairs, with historical returns of 14% and a standard deviation of 9%• Developed and refined a marketing/sales strategy by pitching to over 100 potential fund investors across a wide range of the accredited investor community• Leveraged partnerships with Fund Lawyer, Prime Broker, Fund Administrator, Tax Auditor, and Retirement Funds Custodian Show less

San Francisco Bay Area

• This was my first term with The Cutler Group, full description of my achievements listed above

Greater Chicago Area

• Traded SPX Index derivatives, as a member of SIG's Index Desk, by market making in both an open outcry atmosphere and an electronic trading environment, achieved returns 4x higher than expected for 2009 and 6x higher than expected for 2010 • Developed strategies for pricing, trading, and identifying biases for newly listed weekly cash settled index options when first introduced by the CBOE and while weekly options grew to a higher volume product • Hedged firm's overall portfolio… Show more • Traded SPX Index derivatives, as a member of SIG's Index Desk, by market making in both an open outcry atmosphere and an electronic trading environment, achieved returns 4x higher than expected for 2009 and 6x higher than expected for 2010 • Developed strategies for pricing, trading, and identifying biases for newly listed weekly cash settled index options when first introduced by the CBOE and while weekly options grew to a higher volume product • Hedged firm's overall portfolio risks, such as tail, time spread, expiring position, and volatility risks, while taking on new risks by executing autonomous trading decisions for optimal edge, position sizing was often largest in pit • Diagnosed macroeconomic trading stimulus to try to stay ahead of investors and to identify reasons for trading trends in market index products such as Options, Futures, and the CBOE’s volatility index (VIX) Show less

Greater Chicago Area

• Supervised an entire floor pit as Designated Primary Market Maker for over 100 equities, involving continuous quoting responsibilities and attraction of volume from other exchanges while providing option price liquidity and depth of market• Priced derivatives on over 400 underlying equities with research, calculations, and assumptions of pricing parameters such as stock event days, historical and future volatility, trading trends, and interest rates• Managed and tracked risks such as… Show more • Supervised an entire floor pit as Designated Primary Market Maker for over 100 equities, involving continuous quoting responsibilities and attraction of volume from other exchanges while providing option price liquidity and depth of market• Priced derivatives on over 400 underlying equities with research, calculations, and assumptions of pricing parameters such as stock event days, historical and future volatility, trading trends, and interest rates• Managed and tracked risks such as market direction, volatility, and borrow rates of a portfolio of over 200 equity symbols, returning double expected profits for 2007• Communicated constantly with a group of 30 traders regarding trading environment to promote sharing of ideas and strategies and to maintain position on forefront of trading innovation and strategy Show less

Greater Chicago Area

• Excelled in a ten-week intensive training program at company headquarters where trading skills are measured, tested, and furthered in a classroom atmosphere, graduating top of class • Collaborated directly with 3 senior traders in the NASDAQ index pit on options exchange floor to learn derivatives pricing as well as trading strategies in an open outcry trading environment • Tracked senior trader’s hundreds of trades, thousands of positions, and all position risks throughout trading… Show more • Excelled in a ten-week intensive training program at company headquarters where trading skills are measured, tested, and furthered in a classroom atmosphere, graduating top of class • Collaborated directly with 3 senior traders in the NASDAQ index pit on options exchange floor to learn derivatives pricing as well as trading strategies in an open outcry trading environment • Tracked senior trader’s hundreds of trades, thousands of positions, and all position risks throughout trading day and wrote reports on trader’s positions and risks at end of day Show less

• Managed teams of movers and installers on job sites where we would complete jobs involving furniture services such as delivery, installation, moving, repair, and storage of office furniture• Communicated with customers about job specifics in an attempt to provide the best service possible by listening to their needs and easing their concerns while getting the job done in a timely manner• Developed and optimized a system for warehouse space usage that would allow warehouse staff to… Show more • Managed teams of movers and installers on job sites where we would complete jobs involving furniture services such as delivery, installation, moving, repair, and storage of office furniture• Communicated with customers about job specifics in an attempt to provide the best service possible by listening to their needs and easing their concerns while getting the job done in a timely manner• Developed and optimized a system for warehouse space usage that would allow warehouse staff to locate product as well as pull orders faster and more efficiently, increasing order fill time by twenty percent Show less

Mba, Analytical Finance, Finance, Entrepreneurship, 3.5

Activities and Societies: Chicago Booth Trader Group • GPA: 3.5/4.0 Dean’s List: Multiple Quarters • Received Concentrations in Analytical.

Bs, Industrial Engineering And Management Sciences

Activities and Societies: Delta Tau Delta, Habitat For Humanity • Led a senior industrial engineering project team of consultants working.