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Strategies & Market Trends : LPL -- leader in World's TV Industry
LPL 4.985-0.5%9:30 AM EST

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Cooters
To: Cooters who wrote (18)12/18/2020 12:08:39 PM
From: chessboard_andy1 Recommendation   of 76
 
I hope you and I aren't the entire options market. There are definitely a few others out there on both sides of the trades, although some contracts only seem to have the Market Maker spread.

I did a little nibbling today including some short term January $7.50 calls at $0.80. There is 76 contract ask at $0.85 that is tempting me, but I resist. I don't want to exercise that many shares, and this is just so thinly traded, I don't want to get stuck losing all the premium. I even picked up a handful of July $12.50 contracts just to keep an eye out that far.

That's it for me on the trader talk. I'll try to make my next post something substantive and hopefully CapEx related. Good luck splashing around.

Andy
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