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

Blue Horseshoe Stocks: INSY Recap & More

INSYS Therapeutics, Inc. INSY

As we were just mentioning yesterday morning, we’ve been tracking the INSY 01/19 $8 and $9 Calls since Wednesday morning.

After Friday’s session brought us some solid gains, we mentioned that we could be in line to see an extension to those moves, and that we’d look to roll up our strike price to the $10-level if the stock held above its premarket low of  9.75, which it did with no problem.

We were able to see some nice extensions to the highs we had already observed in the $8 and $9 Calls, and as a nice move on the $10’s as well. We’ve now witnessed the $8 Calls run from .90-3.20, for a gain of 255%, while the $9’s have gone up from .60 to 2.70, which works out to a 350% run. Excellent gains were there for the taking on the $10 Calls as well, as they ran from .70-1.80 on the day, a 157% rip.

A play on the stock alone from the low on Wednesday following our initial alert at  7.64, to yesterday’s high of 11.62, would have been good for gains of up to 52%and the stock has trended even higher in the premarket this morning, so we’ll be on the lookout for this party to possibly keep rolling.



Pot Stock Updates

We’d also like to swing back around to provide updates for a couple of our favorite cannabis plays. Back on November 7th, we reminded our readers of what a big year 2018 was gearing up to be for the marijuana business. We included a list of cannabis plays to watch closely, and among them was ACBFF and TRTC. Two stocks that we’ve been tracking for years.

Neither one has gone any lower since November, and in fact each have gone on to make some fantastic moves in the last 7 weeks. The excellent gains made available by these plays were as follows:

Aurora Cannabis, Inc. ACBFF –  Range: 2.7776-9.50 – Max Gain: 242%

Terra Tech Corp. TRTC – Range: .1885-.578 – Max Gain: 207%

There;s not going to be any slowdown in our tenacity to cover cannabis stocks as we progress into the new year. California kicked off legal recreational sales this week, and Canada will do so in just six short months. 2018 is set to be a very green year!


Extended Watchlist:
AMD, APDN, BCRX, NSPR, RGSE, INPX

Blue Horseshoe Stocks: Pot Stocks Heating Up Again

Pot Stocks Still Heating Up

We have literally never stopped pounding the table on our interest in marijuana related stocks for more than five years now. While we cover something in the space practically every day, occasionally we sense a greater trend coming for the sector as a whole and issue reminders to our readers accordingly. The last such post, we published on November 9th, reminding our audience that we expected a resurgence heading into 2018, which figures to be a huge year for cannabis based business in general.

We gave a list of a handful of the symbols we routinely track which included MJNA, TRTC, MJTK, AGTK, GRNH, HEMP, ACBFF, APHQF,  TWMJF, and CBIS.

GRNH and CBIS are have always been two of our favorites, although as we said, the sector as a whole will continue to be a major point of focus for us going forward. GRNH. since November 7th, has trended up from a low of .0341 to a high of .072; an increase of 111% Meanwhile, CBIS, in the same span has run from .0311 to .11, for a big 254% rise.

Some of the other fantastic moves to come out of that watchlist are as follows:

MJTK – .0005-.0028 – 460%
APHQF – 6.14-13.75 – 124%
AGTK – .0099-.0415 – 319%
ACBFF – 2.77-6.86 – 148%

These are just to name a few. Our docket of cannabis plays that we follow regularly is far too large to update all in one report, but once again, we’re going to be placing a high amount of focus on everything pot related heading into and throughout 2018.


Applied DNA Sciences, Inc. APDN

We also would like to highlight APDN, a stock that has an interesting bottom setup on the chart. As you can see on the included snapshot, the PPS has been beaten back to its lowest levels since this summer, and are hovering around a solid support level.

Couple that with the company being slated for a post-market earnings report, and we’ll be interested in tracking the activity in APDN at least through the remainder of this short week, and possibly into the upcoming short week as well.


Extended Watchlist:
ALSK, ATOS, CAG, CLNT, HMNY, WATT,