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Strategies & Market Trends : LPL -- leader in World's TV Industry -- Ignore unavailable to you. Want to Upgrade?

To: Cooters who wrote (16)	12/17/2020 3:34:07 PM
From: chessboard_andy	Read Replies (2) \| Respond to of 76

I'm hoping for some confirmation of support around $8.20 to add to my trading position at a slightly better price. I'll probably utilize July call contracts going forward with this trade. Options are very thinly traded so I'll really have to be willing to work to recoup some of the premiums. The options market in LPL is not unlike OLED 15 years ago. (The stock profile is completely different, but the premiums and spreads appear similarly wonky.) In the longer term I see LPL as being in a pretty decent position to walk the tightrope between CapEx expansion and profitability for the next couple of years. If there is a renewed commitment to 10.5G sized OLED substrates, I will likely increase my core position for a longer time-horizon trade on the OLED ecosystem for large area displays. The price point got compelling to me last August sub $6. I just had it as a non-trading holding until the breakout the other day. That's when I decided to play and exercise my trading muscles. I took a little profit from the core position to fund the trading positions. Chessboard, Andy