Chesapeake Energy Corp (CHK)

[LouisDesyjr]

DB is starting to blow up and that will take CHK back down


DB is starting to 'blow up' again in Europe, and that will probably take the market, along with CHK, back down again:
http://www.zerohedge.com/news/2016-02-15/no-deutsche-bank-not-fixed

The 'stunt' that DB did last week with buying $5B of bond back appears to have worn off and DB is declining again. People are making a comparison of DB imploding with Lehman Brothers failing in 2008. If that happens, the fallout will destroy CHK.

Louis J. Desy Jr.


Disclosure: I own CHK March 18, 2016 puts, along with DB April 2016 $14 puts and DB July 2016 $10 puts.