0.15Open0.16Pre Close15 Volume408 Open Interest34.00Strike Price225.00Turnover32.20%IV8.79%PremiumAug 16, 2024Expiry Date0.00Intrinsic Value100Multiplier16DDays to Expiry0.15Extrinsic Value100Contract SizeAmericanOptions Type0.1395Delta0.1020Gamma209.27Leverage Ratio-0.0148Theta0.0020Rho29.20Eff Leverage0.0150Vega
Range Resources Stock Discussion
I want to see it drop to 2 now
No matter what, price will go down soon.
It may hit 37$ but that is the point where it stops and ⬇️
Gap Ups
1. $Grab Holdings(GRAB.US)$ - up 3.3%
2. $Petroleo Brasileiro SA Petrobras(PBR.US)$ - up 3.0%
3. $Brazilian Electric Power(EBR.US)$ - up 2.7%
4. $Full Truck Alliance(YMM.US)$ - up 2.5%
5. $AngloGold Ashanti(AU.US)$ - up 2.5%
6. $Gold Fields(GFI.US)$ - up 2.5%
7. $Williams-Sonoma(WSM.US)$ - up 1....
Maintain our OW rating and raise our PT (NAV based) to $33 from $31. We expect RRC to be nearly FCF neutral this quarter despite gas macro weakness, aided by RRC's low decline asset base and prudent hedging strategy.
BODY TEXT
1. Activity Cadence and Hedging Update. RRC is currently running 3 rigs in the Marcellus, but plans to drop two of them by Q4'23. Public data shows 11 / 6 gross spuds / completions through 6/30/2...
No comment yet