Do you mean the $24s? One suggestion you should sell weekly calls to get back all the premium you are losing due to decay each month if you are gonna play this waiting game. I don't think CNX will ever get back there. Maybe should try to pick something more in the money? Like the $30s?
No, I agree with you. And so does my friend when he looked at the chart. MACD actually already turned up today, and PSAR showing a dot underneath price. I agree short term target 48, just be patient. Usually when market is down, this stock rallies and vice versa. Been trading inversely to tech and biotech. Biotech looks like it's about to fall, so means NBL should be going up now.