I'm all in on CLF taking off like the rocket ships of old. I'm so confident in the trade that I bought these options within my Roth IRA
https://preview.redd.it/ni88d2z2g0ie1.png?width=1430&format=png&auto=webp&s=94ad06ceb996ec3cfc114a1fec953744376adae2
Let's go over the reasons why.
1. [I predicted this shit with US Steel](https://www.reddit.com/r/wallstreetbets/comments/18rm9h1/there_is_absolutely_no_way_nippon_steel_is/)
2. [10% tariffs across the board including steel have still been imposed on China](https://nypost.com/2025/02/04/us-news/trumps-new-10-tariffs-on-china-take-effect/)
3. [CLF CEO believes that 4Q was the bottom of the cycle, with demand picking up into 2025](https://www.clevelandcliffs.com/news/news-releases/detail/667/cleveland-cliffs-provides-preliminary-fourth-quarter-and)
4. CLF CEO is buddies with Trump. No link because I only saw it was briefly mentioned on CNBC so trust me bro
No it's not a million dollars of my grandmother's money but I did liquidate my HLI shares to do it and if this hits like I expect it'll be 99% of my portfolio.
The steel demand cycle has bottomed and it's being gassed up with tariffs. CLF is buying US Steel at the right time. It'll still be an overpay but the overpay will be worth it over time. Higher + larger cash flows would shorten that timeline which can easily happen in this tariff environment.
Time to make some money.