HumbleDegenTrader

$BTU Going Parabolic

Long
NYSE:BTU   PEABODY ENERGY CO
145 views
1
$BTU, this thing will continue going parabolic into and beyond earnings . Been long Feb/Mar/April layered calls all strikes since sub $2. Helluva ride so far. Think she trades $30-40 by summer with coal prices up and delivery up sharply and holding stable since Q3 2020. Not quite as fun as $AMC and $GME, but steady as she goes. Sub 500M M-cap in a biz with a wide moat, debt reneg'd until 2024-2026.

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