Name ____________________________ PSU ID________(last 4) Section seated in __ DUE WEDNESDAY: 12/4/13 A !

E "E#INNIN# $% &'ASS

em(late )o* Stoc+ *a+ Assi,nment - PLEASE USE this template and PLEASE TYPE and STAPLE all (a,es to,et.e*/ Please make sure you provide us with a print out of all your trades with name and account number on top of page see below!/ .an+s in ad0ance1 Points - 122 (oints total - In eac. o) 3o4* 5 e6(lanations7 please

refer to the date and ticker symbols so the grader can easily follow along" thanks1 #it enter to make the room you need/
1/ #oin, 'on, (stoc+s) and e6(lanation 8 12 (oints $pen Position % &'(')* +losed % &',')*

-A. )// shares! % 0 went long on -avistar because they are a company who makes some stuff for the army and this was right around the uncertainty in the 1iddle East so 0 thought they might rally a little2 0 made about )// dollars2

2/ #oin, S.o*t (stoc+s) and e6(lanation 8 12 (oints $pen Position % ))')3')* AAPL % 0 went short on Apple because 0 had a hunch the new iPad * was going to disappoint in sales and the price of apple fell about ( dollars a share2 0 should have covered when 0 was up but held on and now 0 am in the hole2

3/ "43 &alls and e6(lanation 8 12 (oints -A. 4 )/ call options &'&')*! 4 +losed on &')*')* This was still during the 1iddle East uncertainty and turmoil and 0 knew that -avistar was going to rise to some degree" so 0 thought 0 could make some good money in this and 0 bought at ("/// and sold at ("5// so not bad2

4/ "43 P4ts and e6(lanation 8 12 (oints +16 +hipotle! % */ Put options $pened % ))'3)')* +losed % ))'3,')* This was 7ust off watching the behavior of the +hipotle stock and being completely bearish2 +hipotle was on a tear for a 3 month span and 7ust had a feeling they were going to drop at least a little but for a couple of days2 So 0 chose my put option on them knowing 0 could see the put as soon as the price started to drop2 0 made about )/ grand making this play2

9/ 'on, on *eas4*3 )4t4*es and e6(lanation 8 12 (oints 3Y 1arch )8 Treasuries $pen % ))'3,')* 0 kinda decided to 7ust hedge my short position on the US treasuries that 0 went short on for 1arch since we had to go long on treasury futures2 -o other real logic

:/ S.o*t on *eas4*3 )4t4*es and e6(lanation 8 12 (oints US9 )/Y Treasury % 1arch )8 % )( contracts $pen ))'):')* ;e had to go short on treasuries for this assignment so 0 rolled the dice and went short on 1arch 3/)8 futures2 0 had the logic of tapering in my head2 The <E9 is going to have to start tapering at some point and around 1arch and 1ay would be when they maybe start2 So by 1arch the market might be e=pecting tapering to occur so These prices would fall if they did2

;/ "et on a c4**enc3 and e6(lanation 8 12 (oints 6old Spot % (/ $pen % ))'3,')* This was another chart watching2 Earlier in the semester 0 actually played a futures option put on gold because gold prices were dropping like cra>y2 So betting on a currency 0 don?t really know much about the other currencies so 0 7ust had a hunch gold would rally a little so 0 could make some sort of profit2

5/ P4*c.asin, )4t4*es o(tions and e6(lanation 8 12 (oints 9ecember )* )( Put options on 6$L9 $pen % ))'):')* +lose % ))'3/')* 6old was starting to plummet around this time so 0 was completely bearish and figured it would continue to fall2 0t worked out pretty well as 0 profited @))"///

The last part last pages! of your assignment must provide A PA0-T $UT $< ALL the trades that you made during the semester and for full credit" must satisfy the following two criteria: </ 22 o* mo*e t*ades 8 12 (oints 12/ *ades in SEP 7 $& 7 N$=7 DE& 8 12 (oints

T ra de D a te 12/3/2013

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36,000.00 -32,100.00 -62,292.50 0 32,400.00 -22,500.00 9,787.50 30,750.00 -19,350.00 0 40 7,811.25 -2,380.00 -2,380.00 0 0 5,700.00 -18,715.00 -18,715.00 -5,000.00 1,731.00 1,737.50 -1,700.50 -1,700.50

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