Cabot (CBT) is a nice, boring specialty chemicals company that's doing something exciting - they just bought a Graphene company called, sadly, Tech Bland for $64M, which is no big deal but a nice indication that they are moving into what I consider a huge growth area and, since CBT currently sells $2.7Bn of other stuff to customers along the world - they have a better chance of landing orders for Graphene than some company whose salespeople aren't already out to lunch with the purchasing managers.
They are running about $3.80 per $67 share so p/e 17ish and, unfortunately, high in the channel at the moment.
Still, that's no reason not to collect $4 for selling 5 of the July $65 puts ($2,000) in the LTP to remind us to keep an eye on them.
