Overlay · Moonshot
NEXT
NextDecade
7.45
+0.01 · +0.1%
Plan
- Cut
- Weekly close below $6.
- Target
- No tick target. First-gas / Q4 timing.
- 10× Jan ’28 $5C @ $3.37, $3,372. Spot ~7.12. ITM.
- Cut: weekly close below $6.
- Leave it until they slip first gas or $6 weekly goes.
The take
The only line that is allowed to be boring. Ten Jan ’28 $5s, already ITM, first-gas thesis. Weekly $6. Do not manage this on a Tuesday.
Do not buy stock to ‘complete’ it. The option is the size.
Expression
- 10× Jan ’28 $5C @ $3.372 · 2.5 ITM
$3,372 cost · 460d
Tape
- 20-day6.96 above
- 50-day7.25 above
- 200-day6.71 above
Stop
Weekly close below $6.00
Thesis size, long-dated, already ITM. $6 is the 20/200 cluster. Don’t manage this tick-by-tick.
Outlook
- Rio Grande LNG first gas (late ’26 target)Open · before expiry
Weekly close below $6. That’s it.
News
Quiet on this name.