Next Era’s Next Era
Image Source: Unsplash
Remember Next Era (NEE)? I sure do. I was kind of obsessed with it for a while, but the amazing strength of the utilities sector defied the diamond pattern.
Still, it has been breaking down for the past couple of months, and the recent surge may present a new opportunity. I have taken on January 2026 (yes, 14 months from now) $80 puts on this bad boy.
Here is the longer-term picture, which I hope illustrates my reasoning.
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