Cabot Industries (CBT)
Solid chemical company with local manufacturing plants allover the world, it is trading around 0.5 P/S,
It's debt is around 1 billion dollars,
yearly sales are about 3.2 billion,
outstanding shares 56.68 Million
short interest around 1.3 %
CBT options are thinly traded, but could be worth the risk to open long position for earnings and dividends towards end of May ? or buy the stock out right and sell covered calls ?
The other way to make money is to sell out of the money puts for premium.
Question: How badly sales will be affected by Covid 19 in next Q's ?
