NYSE:CHK

Chesapeake Energy Corp. (CHK)

44.00
-0.00 (0.00%)
as of Feb 17, 2021, 6:05:20 pm Market Open.
21 watching
0
COMMENT
If you own, you could try to sell some Calls. He would personally sell “out of the money” as he is bullish on oil stocks. He would like to own them long-term. Instead of buying the stock, you could have bought a long-term “in the money” Call to replace the stock. This would be more cost efficient with less potential risk.
WATCH
One of the companies that he has on his top 3 or 4 that he will start looking at. Growth by acquisition so their growth will have to come down but they do have some very valuable resources. Wait for natural gas to rebound.
COMMENT
(Market Call Minute.) Thinks the chart is wedging. If it starts to fall out of it, say goodbye.
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