Another Green Rush for Marijuana Stocks?

Big Time Options Success Persists

The title of our report that we sent out on Friday morning was “Another Dream Week of Options Trading”, wherein we patted ourselves on the back for connecting on some serious options gainers every day of the week.

We would continue that trend with Friday’s fresh options ideas, offering up four separate ideas and hitting big on each and every one of them. Take a look at the incredible single session gains that were available to ourselves and anyone who caught our premarket report. Out of all four of our highlighted target ranges, multibag gains were there for the taking regardless of the chosen strike price.

SQ Weekly $177.50-185 Calls 
$177.50: 6.07-23.60 (+289%)
$180: 4.08-20.77 (+409%)
$182.50: 2.53-17.94 (+609%)
$185: 1.59-16.05 (+909%)
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CVS Weekly $62-63 Calls
$62: .98-5.30 (+441%)
$62.50: .77-4.70 (+510%)
$63: .55-4.30 (+681%)
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Two of our options plays from Friday were high profile marijuana-related stocks, a sector that we have a high interest in, and in addition to logging massive gains on the options front, the stocks themselves also outperformed many others on on the day and into the premarket this morning.  TLRY has run from 8.45-14.36 while CGC increased from 21.90 to 27.25. Those moves made the following gains possible for our designated options targets: 

CGC Weekly $21-21.50 Calls
$21: .92-4.00 (+335%)
$21.50: .70-3.40 (+386%)
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TLRY Weekly $7.50-8.50 Calls
$7.50: 1.00-4.43 (+343%)
$8: .44-4.00 (+809%)
$8.50: .31-3.50 (+1029%)

It appears we are witnessing a revitalization of the cannabis sector, which we have long been touting as a favorite market space of ours. Since the first Green Rush in 2012, we have been extremely interested in the marijuana industry and we could be on the verge of another big green wave of success! For that reason, we will dedicate our entire extended watchlist to cannabis plays today.


Fresh Options Ideas: 
MCD Weekly $225-230 Calls
PLUG Weekly $18.50-20 Calls 


Cannabis Watchlist:
ACB, APAH, SNDL, MJNA, PHOT, TRTC, ERBB, GRNH, CBDS, CNBX, NIUGS, MSRT, HEMP, WDRP

TLSS Blows its Top…Again!

Transportation and Logistics Systems Inc. TLSS

Our last mention of TLSS came this past Thursday, when we provided updates on the incredible run underway for TLSS. We had originally alerted this OTC stock on the morning of April 16th, and by Wednesday of last week, it had made an excellent move of 632% from .0099-.0725.

On Friday, TLSS once again made an exponential leap, and took it to another stratosphere, setting a new high of .1548. That brought our total observed range since we began tracking this stock to a massive 1464%

Even if you had only caught our mention of the stock on Thursday, which saw a low of .05, you still had access to gains of up to 210% so all in all, our coverage of TLSS has been a rousing success. We even expect to see further gains at the open today with the stock preparing to gap up.


More Interesting Stocks

It isn’t all options all the time for us, as you may have gathered from the above-mentioned play. Here are a couple of other straight stock ideas that we are going to want to place on watch as we head into week’s end.

Luckin Coffee LK – Showing signs of a reversal off of its recent bottom, with a massive gap to the upside. We’ll put this one on extended-term watch.

Big 5 Sporting Goods Corp. BGFV – Here we have a solid momentum play, which has been adding gains since the beginning of April.


Special Reminder:

We targeted the SPY 05/27 $302-303 Calls yesterday morning. The market gapped up yesterday, and held most of those gains without adding more. Today, we’re seeing another gap-up which means anyone who snapped up some contracts yesterday will be sitting pretty to profit at the open today. We’ll report those gains in tomorrow’s newsletters.
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Fresh Options Ideas:
GSX 06/19 $30-35 Calls  

STNE Weekly $31-32 Calls
VIPS Weekly $16.50-17 Calls 


Extended Watchlist:
AXIM, HEMP, CVSI, QUBT, BBRW, ITOX, MCOA, ANVS

Blue Horseshoe Stocks: HEMP Update

Hemp, Inc. HEMP

Because of the absolute bloodbath having been experienced by the market of late, it is easy to forget the huge development for those with vested interests in hemp, the male form of the cannabis plant. Of course, one of its biggest proponents for quite some time has been the aptly named, Hemp, Inc.

The recent passing of the farm bill that effectively green-lighted the hemp industry nationwide is a game changer, and it certainly showed up on the chart, which experienced a heck of a spike. Following our alert on HEMP from just a few weeks ago, the stock ran from .0292 up as high as .054, a move of 85%

There has been some pullback since then, but in general HEMP is a stock that we’re going to be very interested in tracking into the New Year. There is a golden cross setup in the works for the chart, so we could be looking at the next leg-up sooner rather than later.

The company has talked a big talk when it comes to federal legalization, and now that it has become a reality, we expect to see solid efforts from HEMP in 2019, starting with the cleaning up of its reporting status on OTC Markets.


Extended Watchlist:
ASNS, IMMU, MB,