Lemonade: A Profitability Mirage (NYSE:LMND)

Lemonade, Inc. ( LMND ) has surged 116% YTD. It's based on the belief that this insurtech will become profitable soon due to the level of growth they've been having. There's also the view that its AI capabilitiesI focus on thematic investing, crisis investing, systematic options trading through both premium selling and long-vol positions, and discretionary global macro. I have experience with private M&A along with many years of publicly-traded equities and equity-based derivatives trading experience.Analys ...