Call Spread on VJET on 12/6/2013

Voxeljet AG (VJET) provides three-dimensional (3D) printers and on-demand parts services.

Its 3D printers employ a powder binding additive manufacturing technology to produce parts using various material sets. The company operates in two segments, Systems and Services. The Systems segment focuses on the production, development, and sale of 3D printers. It also offers consumables, such as particulate materials and proprietary chemical binding agents, maintenance contracts, and spare parts. The Services segment prints on-demand parts at its service center through its 3D printers, material sets, and in-house finishing capabilities.

The company provides its 3D printers and on-demand parts services to industrial and commercial customers in automotive, aerospace, film and entertainment, art and architecture, engineering, and consumer product end markets in Europe, the Middle East, Africa, the Asia Pacific, and the Americas.

Shares of this recent high flying IPO are now back on a trendline support. Higher share prices are expected.

52-Week Trading Range: $19.30 - $70.00

Last Trade: $40.75

Trade Buy 1 January $40.00 Call at $5.60 Sell 1 January $42.50 Call at $4.50 For a net debit of $1.10 Profit/Loss Analysis Breakeven at $41.10 Maximum profit is $140.00 at strike of $43.00 Maximum loss is ($110.00) at strike of $40.00 Closing Summary Sold 1 January $40.00 Call at $4.50 Bought 1 January $42.50 Call at $3.20

Position closed on 1/2/2014 at price of $1.30 with a 18.18% gain in 26 days.

Updates

1/2/2014 11:30:47 AM

We are taking profit of VJET call spread.

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