UMBC Mike’s Trade Notes
Sold to Open WSM Mar 19 2011 $35.00 Call at 2.75
| Underlying: | Williams-Sonoma, Inc. Common Stock (DE) |
| Option: | WSM Mar 19 2011 $35.00 Call |
| Price: | $2.75 |
| Current price: | $3.50 |
| Underlying price: | $43.21 |
Only stock that is really up today. Investors are currently in "Panic" mode, and looking to dump whate... more
No Comments | Note posted about 1 hour after the trade
Bought to Open X Nov 20 2010 $42.00 Put at 1.78
| Underlying: | United States Steel Corporation |
| Option: | X Nov 20 2010 $42.00 Put |
| Price: | $1.78 |
| Current price: | $0.01 |
| Underlying price: | $23.89 |
X repeatedly misses earnings, and has a general negative outlook towards steel manufacturing.
No Comments | Note posted 11 minutes after the trade
Bought to Open AKS Nov 20 2010 $13.00 Put at 0.48
| Underlying: | AK Steel Holding Corporation |
| Option: | AKS Nov 20 2010 $13.00 Put |
| Price: | $0.48 |
| Current price: | $0.01 |
| Underlying price: | $4.41 |
AKS and X are expected to report decent earnings. However, in the past both companies have repeatedly... more
No Comments | Note posted 16 minutes after the trade
Bought DRYS at 5.68
| Company: | DRYS |
| Price: | $5.68 |
| Current price: | $1.82 |
| 52 week high/low: | $3.84 / $1.46 |
Bought at 5.68. Read my blog for more info.
No Comments | Note posted 8 days after the trade
Sold AMD at 3.68
| Company: | AMD |
| Price: | $3.68 |
| Current price: | $2.40 |
| 52 week high/low: | $8.35 / $1.81 |
Hey.....I screwed up! P.S. Don't listen to people on google finance forums, they usually talk out of... more
No Comments | Note posted 2 days after the trade
Bought CMG at 88.50
| Company: | CMG |
| Price: | $88.50 |
| Current price: | $277.90 |
| 52 week high/low: | $442.40 / $233.82 |
I bought this yesterday around close. I was hoping it'd go down a little more, but I was betting on go... more
No Comments | Note posted about 19 hours after the trade
Sold CAT at 40.81
| Company: | CAT |
| Price: | $40.81 |
| Current price: | $89.02 |
| 52 week high/low: | $116.95 / $78.25 |
I bought at 31.81, mainly on speculation and just using technical charting, the stock was going to its... more
No Comments | Note posted about 1 hour after the trade
Bought CAT at 31.81
| Company: | CAT |
| Price: | $31.81 |
| Current price: | $89.02 |
| 52 week high/low: | $116.95 / $78.25 |
I wanted something relatively safe, slightly volatile, and closely following the Dow Index (hell its i... more
No Comments | Note posted 13 days after the trade
Sold Short APOL at 68.06
| Company: | APOL |
| Price: | $68.06 |
| Current price: | $21.05 |
| 52 week high/low: | $58.29 / $18.36 |
Earnings for this stock will probably be amazing, from my research many analysts expect it to blow awa... more
No Comments | Note posted 3 days after the trade
Sold OCNF at 1.31
| Company: | OCNF |
| Price: | $1.31 |
| Current price: | $0.00 |
| 52 week high/low: | $22.60 / $5.22 |
This has turned into my biggest loss to date. All I can say is never again, I've lost nearly 4,000 in ... more
1 Comment | Note posted 33 minutes after the trade
