Where do you get your $250 from rsah? I see that coal is about $201.50 and not going higher in the future. These prices are fickle and can go down as quickly as they can go up. It's nice being bullish but lets lock in some gains while we can. 30% does not seem excessive. Plenty of upside exposure and some downside risk eliminated.
https://www.cmegroup.com/trading/energy/coal/australian-coking-coal-platts-low-vol-swap.html
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