ThetaBandits

RRC Holding the mother of all support

NYSE:RRC   Range Resources Corporation
Back testing like this always leads to a nasty Move one way or another. I really Like THE 3/17/23 25c TRADING AT 1.15 per contract,. It also has a nice setup for a straight shares purchase. One can even use a Put as a collar. So the trade has a few options. We can go to old faithful and write June 18P for a .75 credit, Or buy 100 shares at current price and Buy a put 1 strike below cost basis or we can play the long call and Put collar keeping it cheap. High R R is always a popular approach

MR1%