Call Options on X on 3/22/2021

United States Steel Corporation (X) produces and sells flat-rolled and tubular steel products primarily in North America and Europe. It operates through three segments: North American Flat-Rolled (Flat-Rolled), U. S. Steel Europe (USSE), and Tubular Products (Tubular).

The Flat-Rolled segment offers slabs, strip mill plates, sheets and tin mill products, as well as all iron ore and coke. This segment serves customers in the service center, conversion, automotive, construction, container, and appliance and electrical markets.

The USSE segment provides slabs, strip mill plate, sheet, tin mill products, and spiral welded pipes, as well as refractory ceramic materials. This segment serves customers in the construction, container, appliance and electrical, service center, conversion, oil, gas, and petrochemical markets.

The Tubular segment offers seamless and electric resistance welded steel casing and tubing products, as well as standard and line pipe and mechanical tubing products primarily to customers in the oil, gas, and petrochemical markets.

We will be trading April 16th Call Options

Entry Point: $22.41

Trading Range: $5.10 - $24.71

Trade Buy 1 April $22.00 Call at $2.05 For a net debit of $2.05 Profit/Loss Analysis Breakeven at $24.05 Maximum profit is unbounded Maximum loss is ($205.00) at strike of $22.00 Closing Summary Sold 1 April $22.00 Call at $0.65

Position closed on 4/16/2021 at price of $0.65 with a -68.29% loss in 25 days.

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