We took full advantage of the recent earnings season with a ton of great options ideas, but things are cooling down on that front for the moment. To start off this week, we’ll put our ever-continuing options search on hold for today, to bring our readers an annual reminder.
Each year as the summer season begins to wind down, we like to pull together a sizable watchlist for the cannabis space. The Autumn season has traditionally been the legal and medical marijuana industries’ most active in terms of movement on charts. The pattern has repeated itself year after year, so with the market appearing relatively quiet at the moment, now is a good time to reassert our interest in cannabis sector stocks for the coming of the fall rush.
The following is not an exhaustive list, merely a few old favorites, but we ensourage our readers to seek out and monitor any stock that is related to the field:
AGTK, CANN, NGTF, MSRT, POTN, PNTV, CNBX, OWCP
Avalon Holdings Corp. AWX
We’d also like to quickly share the performance of AWX following its inclusion in our premarket watchlist on Friday. Early on in the session, the stock ran from a low of 4.52, and went on to hit 6.79, which works out to a respectable intraday pop of 50% That was sufficient to register as the NASDAQ’s #2 mover on the day.
Fresh Options Ideas:
Energen Corp. EGN 09/21 $75 $ 77.50 Calls
Neilsen Holdings plc NLSN 09/21 $25-27 Calls
GST, AKER, SYY, DPW, IZEA