$LAC successful trade - rinse and repeat. 50% annualized return with 4% downside protection
$LAC sold some $2.50 puts. 38% annualized return with 7% downside protection. Happy to roll forward if needed or sell $2.50 calls if assigned.
This is a potentially deep value stock but with high execution risk and heavily dependent on lithium carbonate pricing once they start producing.
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