Albemarle CorporationAlbemarle CorporationAlbemarle Corporation

Albemarle Corporation

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ALB after being down 50% in April/May it feels great to be green again. A testament to HODL for sure

ALB I missed the boat on this one. That's what I get for selling calls into an inverted H&S while lithium overall looks to be heading up 🤷

ALB out of my cash position with a pretty decent profit. Sold calls repeatedly as it climbed out of the bottom.

Holding off now for a revisit of the long term trend line, somewhere around $75.

If/when it gets there, I may enter with long dated calls as the 1% dividend is not attractive enough for a large spot position imo.

Still bullish!
Snapshot

ALB failed to reach overbought on the daily with that pump. Will we end the week below $95? I'm at the mercy of the market gods lol.
Snapshot




ALB I sold $95 covered calls to the end of Oct a couple weeks ago. My avg price is $91. There's a chance the universe will punish me and take the shares -- let's see.

ALB breakout time? lithium is definitely trending with LAC ripping. Except ALB is the superior company if you actually want to buy a company that produces lithium for a profit

ALB This financial market under the rule of the new President Trump is the caricature of a farce!?! A $4M fine for a company worth $9.5B causes a dramatic 9% drop in its stock price LOL. ALB just lose almost 800M market cap !!!!