InvestorsHub Logo
Followers 322
Posts 32170
Boards Moderated 22
Alias Born 12/30/2004

Re: bbotcs post# 102442

Thursday, 12/29/2022 8:56:41 PM

Thursday, December 29, 2022 8:56:41 PM

Post# of 116396
LPI +.97 to 50.52, I picked up some shares today at 50.81 and sold the April $60 Calls for $4.70. So my cost basis on the stock for this purchase is a mere $46.11, fairly safe imho. The last time LPI traded at $46 was in August of 2021 when crude oil was $67/bbl and the balance sheet had a lot more debt than they have now.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.