Let LMND Off The Mat

12 thg 5, 2021

You have no idea how hard it was for me to avoid buying LMND today. At just 1/3 of it's former high from a few months ago, this stock looks like a bargain, as the fundamental story remains intact. However, with multiples compressing, fcf machines crushing, and TLT getting smoked I'm extremely nervous to dip a toe here. I've settled for selling jun 4 $50 strike puts for 2%, but only for small size. Around 35-40 this becomes very very interesting.