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Natural Resource Partners LP (NRP) Options Positioning, Max Pain & Unusual Sweeps

$116.50 -0.88% NYSE • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $116.09

Natural Resource Partners LP (NRP) carries a Roarable Rating of C+ (Hold) with 69/100 RQD Confidence. The composite score sits in the neutral Hold band (59–69), meaning current holders don’t need to panic-sell while prospective buyers can wait for a move into the 70+ Buy zone.

📊 Historical Track Record: Scores of 69/100 (C+) historically posted market-perform odds over rolling 90-day windows (+2.0% avg 90D alpha vs SPY) →

ROARABLE C+ • HOLD / WATCH Cap $1.54B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $116.09 (-0.35%)🧬 Cannibal Buyback (-2.08% YoY Shares)⚙️ Cash Engine: 14/20 (B-) • 4.1% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 69/100 (C+) historically posted market-perform odds over rolling 90-day windows (+2.0% avg 90D alpha vs SPY • 57.3% hit rate — wait for RQD ≥ 70 breakout).

Audit Bucket Track Record →

RQD QUANT TACHOMETERHOLD / WATCH • C+

2-of-3 JEV AI Jury Bullish

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw C · Rk B+

Each axis scored 0–20

12M PRICE TARGET CONE+5% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for NRP)Realized 20D OHLCV Swing Band: ±4%

Deterministic 5-Pillar Attribution (69/100 Composite)

🔍 WHY NRP SCORES 69/100 (C+) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Macro Regime Fit+18/20 pts (26% of score)

FRED Regime × Technicals: 63% of 52W Range • RSI-14 at 62.3 (BULLISH MOMENTUM)

▲ #2 Bullish Driver: Insider Conviction & Share Dilution+15/20 pts (22% of score)

SEC Form 4 / 13F Thermometer: 75% Net Buy • Cannibal Buyback (-2.08% YoY Shares)

▼ #1 Drag / Risk Factor: Whale & Options Positioning9/20 pts (-11 pt drag)

Put hedging (50% put share) caps near-term gamma upside (-11 pts vs max)

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C$111.11+1.2% Next Q

Q2 (-2Q)

Grade C+$112.47+3.2% Next Q

Q3 (-1Q)

Grade B-$116.04+0.4% Next Q

Current

Grade C+$116.50+2% Hist 90D α

Trajectory: C (61) → C+ (69)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the NRP Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 69/100 (C+) score, NRP faces multiple-compression risk if current valuation multiples re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Broader market pullbacks can still drag down strong stocks in the short run.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-2.08% YoY Shares) — any gross margin slip below 49.5% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($111.37) or 200D SMA ($111.16) invalidates the momentum regime and cuts Target Base ($122.27) toward Bear Floor ($95.37).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $NRP• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “NRP Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 69%NO 31%Trade / Inspect Odds →

CALL VS. PUT WHALE SHARE

— (No Active Options Snapshot)

Put/Call Ratio: — (No Active Options Snapshot)

MAX-PAIN EXPIRATION MAGNET

— (No Active Options Snapshot)

No active options chain max-pain snapshot on file

HISTORICAL 20D VOLATILITY SWING

±4%

Derived from 20D OHLCV bars (No Active Options Snapshot)

Active Strike Call vs. Put Concentration Ladder (NRP)

— (No Active Options Snapshot) — No unusual CBOE strike concentration anomalies recorded in the current database snapshot for NRP.

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ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher + Options & Swing Structure Desk

Whale Flow & Momentum Playbook: Evaluating NRP & AI Leaders Without Chasing Tops

✓Institutional whale strikes & implied earnings move audit on NRP
✓How disciplined traders manage risk using pre-published trigger & invalidation levels
✓Includes nightly RQD rating-change & forensic signal email alerts on tracked leaders

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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NRP // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -1.40%⚡ TESTING RESISTANCE

2026-10-30O $115.4H $116.7L $113.2C $116.5VOL 27.2K

RES: $118.1SUP: $107.3SMA50: $111.4SMA200: $111.2

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

NRP Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 NRP Butterfly Map → + Track NRP →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

4.6%/yr Implied 5Y Growth

vs. +6.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on NRP today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for NRP. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for NRP today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (NRP)

Energy Rank #43 of 211 ⚔️ AMR vs NRP Full Matrix →

1. Head-to-Head Energy Peer Comparison (NRP vs. AMR, BTU, CNR, HCC)

Industry: Coal Mining (10 Tracked Issuers)

Across 211 tracked Energy securities in the Roarable RQD universe, Natural Resource Partners LP (NRP) ranks #43 by composite RQD confidence (69/100, grade C+) and #128 by equity capitalization ($1.54B). Within this direct 5-issuer industry benchmark cohort, HCC leads on earnings valuation at 79.3x trailing P/E, while NRP leads on capital efficiency and profitability with 18.4% ROIC and — gross margin. NRP currently leads its immediate peer cohort in composite quantitative strength at 69/100 (C+).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
NRP ACTIVE Natural Resource Partners LP	C+	69/100	—	—	18.4%	-0.88%	$1.54B	Benchmark Subject
AMR Alpha Metallurgical Resources Inc.	D	50/100	—	—	-4.1%	-0.89%	$2.05B	/amr-vs-nrp →
BTU Peabody Energy Corporation	D-	36/100	—	—	-2.1%	-1.24%	$2.71B	/btu-vs-nrp →
CNR Core Natural Resources Inc.	D	46/100	—	—	-4.0%	-1.41%	$4.33B	/cnr-vs-nrp →
HCC Warrior Met Coal Inc.	D+	56/100	79.3x	22.4%	1.8%	+2.63%	$4.52B	/hcc-vs-nrp →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001171486

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Natural Resource Partners LP (NRP) reported GAAP revenue of $0 (-100.0% vs. FY2024 revenue of $232.4M , and -100.0% cumulative change since FY2023) , GAAP net income of $0, operating cash flow of $165.9M, and free cash flow of $165.9M (-33.3% YoY). On the balance sheet, NRP closed FY2025 with $748.4M in total assets against $18.9M in total debt (Altman Z-Score: N/A, Piotroski F-Score: 4/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$0	$0	$165.9M	$165.9M	$748.4M	$18.9M
FY2024 (FY)	2024-12-31	$232.4M	$0	$248.5M	$248.5M	$772.9M	$127.9M
FY2023 (FY)	2023-12-31	$278.7M	$0	$311.0M	$311.0M	—	—

3. NRP Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is NRP stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-01, Natural Resource Partners LP (NYSE: NRP) is rated C+ (Hold / HOLD) by Roarable's 5-pillar RQD engine with a composite confidence score of 69/100 at a spot price of $116.50 (-0.88% 1D, market cap $1.54B). Pillar breakdown: Fundamental Cash Engine 14/20, Institutional 13F & Options Flow 9/20, Executive Insider Alignment 13/20, FRED Macro Regime Fit 18/20, and SEC Balance-Sheet Forensics 15/20. Across 211 tracked Energy issuers, NRP ranks #43 in composite RQD confidence.

How does NRP compare to AMR and BTU in the Energy sector?

Within the Energy sector (Coal Mining), NRP carries a Roarable C+ (69/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of 18.4%. By comparison, AMR (Alpha Metallurgical Resources Inc.) holds a D grade (50/100 RQD, P/E N/A, ROIC -4.1%, cap $2.05B) and BTU (Peabody Energy Corporation) posts a D- grade (36/100 RQD, P/E N/A, ROIC -2.1%, cap $2.71B). Among the 5-stock peer group, HCC leads on earnings multiple (79.3x) while NRP leads on capital efficiency (18.4% ROIC).

What are the biggest fundamental strengths and SEC risk factors for NRP?

Per NRP's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001171486), Natural Resource Partners LP generated $0 in revenue (-100.0% YoY), $0 in net income, and $165.9M in free cash flow against $748.4M in total assets and $18.9M in total debt. Key quantitative strengths: Company leadership has skin in the game with net positive insider conviction.. Primary risk factors monitored: Broader market pullbacks can still drag down strong stocks in the short run.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is NRP trading relative to its 50-day, 200-day, and 52-week technical levels?

NRP last traded at $116.50 (-0.88% on volume of 12,079 shares), positioning the stock +4.61% above its 50-day simple moving average ($111.37) and +4.80% above its 200-day simple moving average ($111.16). Across its 52-week range of $95.51 to $128.60, NRP sits at the 63.4% percentile with a 14-day RSI of 62.3 (BULLISH MOMENTUM) and an implied next-earnings move of ±4.0% ($111.84 to $121.16).

NRP Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

What is NRP's options positioning and volatility profile?

Roarable tracks verified CBOE unusual options sweeps, put/call ratios, and OHLCV realized volatility bands for NRP.

Direct Sub-Reports: NRP RQD Cockpit NRP 12M Forecast NRP Earnings & Move NRP Dividends & DRIP NRP Insiders & 13F NRP Whale Options NRP Profit Sankey NRP News & Why