Cannabis Stocks thread: CGC TLRY ACB SNDL APHA GRWG CRON HEXO MJ etc trading

[zghorner]

• IMO ...... In regards to the SNDL July $2 Calls I would hang on.
  
• Murphy's Law states "Once an option position is closed the stock will rally without you".

I love the way you’re talking to me right now.
I still think it is a potentially good position but no matter what I won’t let it turn into a loss. In the green by just over $1k currently...Will exit if that gets anywhere near zero.

 

[lightninboy]

I sold some 2/19 puts as high as 30 in TLRY. Was looking a little scary overnight, but TLRY has stabilized some.

 

[KCalhoun]

Yeah they're volatile... put in oto orders for bounces TLRY ACB SNDL etc if they go up more

 

[lightninboy]

I bought back all my 2/19 TLRY puts at a profit, even the 30 in the end.

"You didn't really need an IQ over 100 to make money."
-Linda Bradford Raschke

 

[KCalhoun]

Scaled out of most cannabis during recent drop, lost $, keeping small size and will slowly scale back in at 2day highs.

 

[easymon1]

https://www.stockcharts.com/freecharts/candleglance.html?CGC,TLRY,ACB,SNDL,APHA,GRWG,CRON,HEXO,MJ

 

[easymon1]

and will slowly scale back in at 2day highs.

youtube.com/watch?v=DUqGEQye8Ac

youtu.be/3AXcuR4wnZc?t=11

 

[KCalhoun]

Many like TLRY in mean reversion areas, others like APHA GRWG are stronger, looking forward to trading them on the way up.

 

[KCalhoun]

Starting scaling into TLRY ACB SNDL CGC HEXO APHA today, anyone else trading these?

 

[KCalhoun]

Reentering small size cannabis today TLRY ACB SNDL APHA etc