LPL -- leader in World's TV Industry Message Board

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Strategies & Market Trends : LPL -- leader in World's TV Industry

LPL 5.010

+3.9%

Oct 31 9:30 AM EDT

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To: Cooters who wrote (45)	1/26/2021 4:18:14 PM
From: chessboard_andy	of 76

If he were buying the puts, that would be a weirdly polarized and expensive straddle. Basically locked into losing at least some of his premium from $10-$25. If he is selling the puts, he is willing to take a large position at ~ $10.50 effective price in July. I think effectively this is a synthetic long stock position with a bit of extra bullish juice by striking so far out of the money. Invested $750 per pair of contracts instead instead of $1000 per hundred shares. I honestly did not see it, which makes me feel a bit aloof. Thanks for pointing it out. Best, Andy

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