### Comment:
Whats your DD basis for CHK? I’m buying puts as well.  
  
 My DD: yugeeee debt. Low oil prices. Shitty morale and reputation among consultants and service companies. They’re like the bastard child no one wants to talk about, or service in this case. Even if their Powder River stuff is good, all their other assets are shit.

### REPLY:
My uncle worked for them. He said they were trash then and he says the same to this day. I haven't done in depth dd for them but I got the scoop on how they operate and it sounds poor

### END.