Natural gas producer and hydrocarbon exploration company Antero Resources has a market cap of $11.3B. Its stock followed the surge in energy prices this and last year, then corrected in June-July. With global shortages and an increased demand for natural gas (vs. oil), there's opportunity in energy long-term... but short-term uncertainty in this market.
Trading at 37.33 as of publication, we can take advantage of this possible low by setting the ceiling up to the 0 level and cushion all the way down to a bit below the 2.618 to minimize the chances of a loss while maintaining potential growth through expiration in July of next year. This will make up to 14.7% (17.9% annualized) but on the downside, also allow AR room to fall a generous 48% before breaking even.
Buy 1 $35 call
Sell 1 $40 call
Sell 2 $20 puts
Exp 7/21/23
Capital Required for the strategy: $3922.64
Probability of winning: HIGH
Trading at 37.33 as of publication, we can take advantage of this possible low by setting the ceiling up to the 0 level and cushion all the way down to a bit below the 2.618 to minimize the chances of a loss while maintaining potential growth through expiration in July of next year. This will make up to 14.7% (17.9% annualized) but on the downside, also allow AR room to fall a generous 48% before breaking even.
Buy 1 $35 call
Sell 1 $40 call
Sell 2 $20 puts
Exp 7/21/23
Capital Required for the strategy: $3922.64
Probability of winning: HIGH
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.