Cronos Group, Inc. CRON – Update
It was just yesterday morning that we highlighted CRON, and the solid moves the stock has been making off of its swing low of 6.50 from last week. The impressive rebound continued for another day, with yesterday’s sesison bringing a respectable intraday move and a significant increase in our observed range on the stock over the past week.
From its daily low of 8.15 the stock reached a new high of 9.58, which works out to an 18% intraday hike. From our observed low from last week, we’ve now witnessed a move up of 47% It marked the sixth consecutive bullish session for CRON, which fell just shy of testing its current 50DMA, now standing at 10.25.
We had also signaled our interest in tracking the CRON Weekly $8 & $8.50 Calls in yesterday’s premarket report, and that idea provided opportunities as well. The $8 Calls went on an impressive intraday run from .50-1.55 for a gain of 210%, while the $8.50′s pushed their way up from a low of .30 and reached 1.15, a 283% rip!
Today’ we’ll look to possibly roll up to the $9 & $9.50 Calls on CRON if it appears its run will continue.
CVS Health Corp. CVS
We also targeted some CVS calls yesterday following the company’s earnings release, highlighting the CVS Weekly $75 & $75.50 Calls and we were met with some great chances for single-session profits there as well.
The $75 Calls traded up from 1.05 and as high as 3.25 (+210%), and the $75.50′s went from .84-2.79 for gains of up to 232%
ETSY Weekly $45 Calls
TWLO Weekly $80-82 Calls