Sold to Open 5 contracts of AXL Sep 19 2009 $5.00 Put at 0.60

Trade

Trade ticket:

AXL Sep 19 2009 $5.00 Put 0.05 +0.02 (+66.67%)
Transaction: Sold to Open
Security: AXL Sep 19 2009 $5.00 Put
Quantity: 5 contracts
Price: $0.60
Value: $300.00
Target price: $0.00

Trade Note:

Collecting premiums here.  Probabilities are extremely low and I am very comfortable with this trade.  We will have to see how it pans out.

Posted 9 days after the trade

This trade note is being shared on the Trader Network.

Trade

Company information:

AXL 10.94 +0.63 (+6.11%)
Users bought (this month) 19 (59.38%%)
Users sold (this month) 13 (40.62%%)
Market cap 782.94M
52-week high 10.90
52-week low 1.00
10-day volume 3.10M
P/E -2.14
EPS (trailing 12 months) -4.81
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Posted by mmp13 on 08/31/09 at 09:00 AM

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