1. THERE ARE NO WARRANTIES, EXPRESSED OR IMPLIED, AS TO ACCURACY, COMPLETENESS, OR RESULTS OBTAINED FROM ANY INFORMATION DISCUSSED DURING HAWKTRADE MEETINGS. Past performance does not guarantee future results. Investment returns and principal value will fluctuate, so that investors' shares, when sold, may be worth more or less than their original cost. Investing in any financial instruments does not guarantee that an investor will make money, avoid losing capital, or indicate that the investment is risk-free. There are no absolute guarantees in investing. HAWKTRADE and its members do not bear any responsibility for losses or gains made by members trading on their personal accounts based on analysis from HAWKTRADE meetings.

3.  We meet every Sunday at 7:15PM – 8:15PM at W151 in PBB  Membership Dues: $25/semester  Food/Drinks every meeting  Investment information and education  Great trading tips and strategies  Investment Competition: $15/semester  Best way to gain experience and learn  Past prizes include 32” TV, Samsung Tablet, Bose Headphones  Fun Discussion atmosphere, member involvement

4.  President – Quinn Watters  Vice-President – Sebastian Alcantara  Director of Technology – Sam Kushner  Director of Marketing – Will Dugan & Mingjian Li  Director of Group Simulations – Dan Muggee  Director of Finance – Jake Mazuc  Director of Outside Events – Eric Woodraska

5.  $15 to enter competition  All money goes to prizes so more people = better prizes  Call Options, Put Options, Short Selling  Top 8 get prizes (tentatively)  Director of Simulations will monitor for any irregularities

6.  Eleanor Miller – YDLE – Yodlee  Up 40.84% on the week.

8.  Pick a stock  Tweet your stock’s ticker symbol and tag us @HawktradeUI or email your stock pick to studorg-hawktrade@uiowa.edu  Top gainer on the week will a win $10 Jimmy Johns giftcard  Winners must attend next meeting to claim prizes  Good Luck!

9. http://iowahawktrade.com/ Twitter - @HawktradeUI

10. Basic introduction to options

11.  Strike Price- The price the trader thinks the stock will go to, either above, below, or at the current market price.  Expiration date- How long the option contract is good for; anywhere between a week to over a year.

12.  An American option can be exercised at any time during its life.  A European option can be exercised only at maturity.

13.  Call Option: A call gives the holder the right to buy an asset at a certain price within a specific period of time. Calls are similar to having a long position on a stock. Buyers of calls hope that the stock will increase substantially before the option expires.

15.  Put Option: A put gives the holder the right to sell an asset at a certain price within a specific period of time. Puts are very similar to having a short position on a stock. Buyers of puts hope that the price of the stock will fall before the option expires.

17.  Buyers of calls (Bullish)  Sellers of calls (Bearish)  Buyer of puts (Bearish)  Seller of puts (Bullish)

18.  Call holders and put holders (buyers) are not obligated to buy or sell. They have the choice to exercise their rights if they choose.  Call writers and put writers (sellers), however, are obligated to buy or sell. This means that a seller may be required to make good on a promise to buy or sell.

19.  Options can be used to speculate where a stock might move, levering gains more than an investor would receive on just owning the stock.  Options can also be used to hedge against potential downturn and lock in profits.

20.  Simply put, Options are priced based on the intrinsic value of the underlying stock and time value of money.  Remember, intrinsic value is the amount in- the-money, which, for a call option, means that the price of the stock equals the strike price.  Time value represents the possibility of the option increasing in value.

21.  Black-Scholes Model- Used to calculate the theoretical prices of an option.

22. A look at the financial markets today

25.  S&P trading at about 16x forward earnings.  Corporate profits at all time highs.  Trailing twelve month P/E ratio slight above average.

32.  Greek prime minister Alexander Tsipras attended his first EU summit at Brussels  Mr. Tsipras is trying to reform proposed bailout plans that will impoverish millions  “Austerity Queen” Angela Merkel is adamant that any bailout plan will provide creditor countries reasonable assurance of being paid back  EU politicians say that Greek’s expect too much out of the Greek government  A fear in Brussels is that Greece will be better of leaving the Euro zone

35.  Goldman conference reveals Apple’s plan to partner with First Solar on an $850 million project  Activist investor Carl Icahn released a letter in which he ups his valuation on AAPL to $216 from $203  Apple has several employees working on project “Titan” their Apple branded electric vehicle  Still a long way off, the rumored minivan could rival Tesla and more recently Sony  The battery technology that they are developing could be used for other products

40.  The steamy adaptation of El James’ novel, the movie has already broken box office records raking in $30.2 million on opening day  Has already beaten the Passion of the Christ for highest grossing opening day in February  Estimated to make $157 million internationally