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therexman

09/01/22 1:17 PM

#114012 RE: Mcfish #113990

Honestly split on it. Content would be a better word.

I’ve owned LWLG since 2008. Regretfully sold a majority above $1 for life reasons and hoped to buy back below $1 since LWLG had bounced above/below for 12 years. We all know what happened the last time it broke $1… then $2… then …$4, etc. On that front, I would be happy to buy more at cheap prices.

On the other hand, I’ve been collecting income by selling put options. I have strikes all up/down the chain. Some strikes are underwater (still producing monthly income, only less), while others are in their sweet spot for maximum premium.