Venator Materials VNTR, Betting on "Dogs"- Call Options

 Link to Venator Materials

Venator Materials (VNTR) is very interesting company, besides wide range of products they offer, their valuation is incredibly low.
Shrinking revenues and earning are not as bad as charts could make us believe or explain why this +$20 per share stock is trading now around $1.25.
If there are some underlying problems with this company, we don't  know that, but I would rather attribute oversold condition of VNTR to shrinking economy, lower demand for products and sluggish commodity prices.
Is VNTR worth buying at this stage? yes and no,  NO, because we don't know how long this economical slump will last and when commodity prices will start to move up to catch up with hidden inflation. YES, because right now VNTR is trading  much below 0.1 price to sales and could be subject to hostile takeover, buyback from (HUN) Huntsman Corporation at price much higher than Friday $1.25 closing....ahmm, like between $7- $15 a share ?. Of course, what I am writing here is pure speculation, but still, in my opinion VNTR stock belongs to $5-$7 range or even higher.
I don't intend to buy into Venator, because it is too risky, yet, I am thinking about following this stock with "Long shot" call option strategy, it costs only $5 per contract on June 19th $2.5 strike. If VNTR "decides" to move to the upside, I believe, the jump can be rather explosive, on high volume and that will propel call option prices skyward.

* below:  VNTR weekly chart since 2017, it's IPO

Corporate Profits vs American Public and Minimum Wage

Raise the minimum wage now

".........Raising the minimum wage increases the standard of living for workers at the bottom of the pay scale and saves taxpayers costs associated with public assistance programs, such as food stamps. The majority of food stamps go to the working poor.

The liberal Center for American Progress found that increasing the minimum wage to $10.10 per hour nationally would save taxpayers $4.6 billion in spending on food stamps alone. 

Under the current minimum wage, highly profitable companies such as Walmart tell workers to apply for food stamps so they can afford to eat. Walmart and other minimum-wage-paying companies argue that if they had to pay employees a livable wage, then consumers’ prices would rise.

That argument amounts to a strange form of socialism whereby government protects the uber -rich from having to pay the cost of doing business and protects consumers from having to pay the actual cost of goods. We find it disturbingly hypocritical that conservatives rail that individuals should live from the fruit of their labor and not from government handouts, yet they support a minimum-wage policy that forces government to pick up the costs of private business in order to maintain corporate profits and hold down consumer prices. (A UC-Berkeley study on the effect of raising the minimum wage to $12 found that the average shopping trip to Walmart would cost 46 cents more and the average cost of a Big Mac would rise by a dime.).................."

>>>Please read more