Bought 2 MP Calls

MP Materials Corp (MP) is a company that mines rare earth materials. This is a bit of a gamble play. I feel if Trump signs a minerals deal with Ukraine this company will be getting big contracts to mine there. Like I said, this is a gamble! It would take a long time for the company to make a lot of money in Ukraine but the hope is for a pop on the signing of a minerals deal.

With the stock at $23.30 I bought 2 MP 1/16/26 $25 Calls at $4.75.

Buy to Open 2 MP 1/16/26 $25.00 C @ $4.75  

 

Successful trading,

Steve

The Options Coach

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