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re: Diving deeper on Standard Lithium?

Posted on 1/14/22 at 9:07 am to
Posted by jerryc436
Franklin
Member since Jan 2014
521 posts
Posted on 1/14/22 at 9:07 am to
I have some CC's that will expire next week and have good premiums that I will use to help pay for my 2 puts at 7.50. The premium on the puts will show I am buying at 7.10 if it closes below 7.50 and I feel good buying at that price but it will increase my average price a little. My goal starting was to accumulate 2500 shares but I am now at 5500 shares and hope to have 5700 shares after next Friday. This is a long term hold for me but will continue to sell CC's on at least half of my shares at a price that will double my investment. Good luck to all in this stock.
Posted by PotatoChip
Member since May 2014
3689 posts
Posted on 1/14/22 at 9:12 am to
I added a little yesterday. Out of ammo for now though. If it drops to the 5s.....I’m finding more ammo. They just need slightly better PR and I think it would stabilize the price
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