Author is bullish on Coeur Mining, bought short-dated calls and plans longer-term calls based on undervaluation, growth catalysts, merger potential and silver strength.
Unpriced research observations (excluded from Calls and Returns):
CDE — LONG The author argues Coeur Mining is undervalued near $20.50 versus VectorVest's $32.50 valuation and has multiple growth catalysts: a pending merger with NGD adding gold/silver production, six straight profitable quarters, positive free cash flow, a $75 million buyback, and safe jurisdictions. He expects the share price to reach $23 within a couple of weeks if silver holds strength, and sees room to grow into Q1/Q2 2026. He expresses the bullish view through buying CDE 1/23 $22 calls and planning longer-term calls; returns would track the underlying CDE share price direction rather than premium income. ambiguous_option_contract
This morning I bought $CDE 1/23 $22 calls, and will be buying some longer-term calls next week.