posted on
Dec 03, 2020 04:04PM
Message: Waiting.
While waiting for the good news, there is an idea for those not having enough LAC shares in the portfolio: February Puts @ $10 may be good idea to pocket some extra a "beer money" for the celebration of DFS :-).
By selling those puts, once can either collect $2.3 per share for the party or in the worse case, purchase extra shares for $10 a piece (which effectively mean a purchasing price $7.7 /share. Unless of course there would be some extra rubbish news, which would force the price back below $6 in the pipeline.
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