I think this stock sucks. If I had to put a value on it, it would be much lower than it is trading for today. The bigger question is... why I am buying calls in anticipation of a sharp upside move? Why do I like this stock?
Price action. This is a stock the banks LOVE. They love it. Who has all the money in this game of stock trading? THE BANKS! And if they love something.... I love it too.
US STEEL! $X. Its going higher. Its going over $30 in 2014, then $35 then $40. The banks, the ones with all the money, they love $X.... and so do I.
Do not short sell those with all the money.
$X $27.50 apr call $.32
$X $28.00 may call $.90