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Cannabis (Marijuana) Stocks

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  • Oct 20th, 2020 10:40 pm
Deal Addict
Jul 27, 2017
2180 posts
938 upvotes
APH options expiring Oct 19

on a buy of the stock at ~$12, the following selling both the $10 covered call & naked put options, on the bid are paying approx...

$10 call is paying $3.80

$10 put is paying $1.40

option premium money $5.20 minus $2 spread between share buy price & call/put option strike price = $3.20

would you do this trade?
Last edited by Guest37273939 on Jun 7th, 2018 1:09 pm, edited 2 times in total.
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Jul 11, 2011
3515 posts
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Ontario
alex_d10 wrote: Since the deal was announced, it only broke $9 for the first time this week on sector hype (not convincing enough for me).

But Trst is being recognized and heavily pumped right now, along with Ogi (rightfully so) for being an undervalued play and a M&A target. I'd be more comfortable entering Trst at $9 than adding more Aph at 11.85 tbh.
My thoughts exactly. I'm holding my current 11.50 APH, but not adding. I may consider more if the summer presents us with ~$10 buy opportunities

TRST is really solid for a long-term investment, yet their day-to-day hype is big too.

And I like the pattern that the chart is forming. Took an entry position at 8.85
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Jul 11, 2011
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1xTiMeR wrote: it will rally imo if its good news. the sell off has happened already.
I'm with you here. Right now people are just playing games, trying to save a few pennies before it gets nutty, just before close.

Get the popcorn ready
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Jul 11, 2011
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esoxhntr wrote: waaay after market close tonight.
I heard the voting starts at 9PM or something like that. Maybe results around midnight??
Sr. Member
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Feb 5, 2017
831 posts
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11.93
bought this morning.. if it does pass, I think we are looking at at least plus 5% by tomorrow
really, a flip of a coin it is !
hebsie wrote: What's the avg?
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May 17, 2012
2341 posts
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ontario
alexcalvado wrote: 11.93
bought this morning.. if it does pass, I think we are looking at at least plus 5% by tomorrow
really, a flip of a coin it is !
it will pass the senate.. the question will be how many amendments will there be. the amendments can be disregarded by the house of commons (i believe) before royal assent (which is a gurantee since the Liberals hold a majority).
Last edited by esoxhntr on Jun 7th, 2018 1:48 pm, edited 1 time in total.
Deal Addict
User avatar
Jul 11, 2011
3515 posts
1866 upvotes
Ontario
alexcalvado wrote: 11.93
bought this morning.. if it does pass, I think we are looking at at least plus 5% by tomorrow
really, a flip of a coin it is !
I think the APH fan club is gonna give the BoughtDeal number a big FU and run it up into the 12.32-12.50 range before long here.

So, do you Alex want a $1k profit on a 6hr swing play, or roll it into a potential rally tomorrow??

Haha, that solves nothing for you does it!
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Feb 5, 2017
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hhehehhe
nope it does not.. but I can't say no to a potential 5-10% in 24hours... will stay the course !
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Jul 4, 2017
525 posts
109 upvotes
porticoman wrote: APH options expiring Oct 19

on a buy of the stock at ~$12, the following selling both the $10 covered call & naked put options, on the bid are paying approx...

$10 call is paying $3.80

$10 put is paying $1.40

option premium money $5.20 minus $2 spread between share buy price & call/put option strike price = $3.20

would you do this trade?
Honestly not really a fan of the Oct 19 options, you could probably make slightly less % profit with the July options, or even a few swing plays with good entries and exits locked in when you buy the shares (as you've advised in the past). Then you can repeat a few times till Oct 19

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