Tag: CGC

More Major Options Gainers

More New Highs Options 

When we updated readers on our bitcoin related options plays yesterday morning, we had already witnessed gains in the neighborhood of 200%  We made sure to caution our readers that we expected to see further gains in all targets based on the surging price of bitcoin, which has now surpassed $38K/BTC.

Our expectations were met to the letter, as the following new highs were tacked on. Here are the total possible gains that were on the table following our signaling of these targets:

RIOT Weekly $17-19 Calls 
$17: .65-2.75 (+323%)
$18: .52-2.96 (+469%)
$19: .35-2.20 (+529%)
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MARA 01/15 $11-12 Calls
$11: 1.32-6.69 (+407%)
$12: 1.06-5.81 (+448%)
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MARA 01/15 $13-15 Calls
$13: .80-5.00 (+525%)
$14: .62-4.27 (+589%)
$15: .50-3.65 (+630%)

Once again today, we feel as if more new highs are on the way for these contract sets, but we also want to stay at the money with our potential strikes, so we are going to add the MARA 01/15 $20 Calls and the RIOT Weekly $20-21 Calls.

Cannabis Plays Coming Back 

With the democrats winning control of the US senate in the GA runoffs, the odds of finally seeing marijuana reclassified at the federal level sooner rather than later, have now gone up considerably. Thus we would like to signal a couple of ideas related to the cannabis space, and will likely be more focused on related stock and options ideas going forward.

CGC Weekly $31-31.50 Calls
TLRY Weekly $11.50-12 Calls 

More Fresh Options Ideas

STZ Weekly $225-230 Calls
BBBY Weekly $20-19 Puts
WBA Weekly $43.50-44 Calls

CURR NEWS: 

OXNARD, Calif.–(BUSINESS WIRE)– CURE Pharmaceutical Holding Corp (“CURE” or the “Company”) (OTC: CURR), a technology-focused, vertically integrated drug delivery and product development company in the pharmaceutical and health & wellness space, announced today that the Company’s Chief Executive Officer Rob Davidson will be presenting at the H.C. Wainwright BioConnect 2021 Virtual Conference being held January 11-14. The presentation can be viewed beginning at 6:00 a.m. EST on January 11, 2021, and can be accessed here through registration and will be available online until January 14. (>>View Full PR)

Extended Watchlist: 
ALYI, BLSP, KSHB, LRDC, INTV

Biggest Gainer of the Year & Plenty More

Tesoro Enterprises, Inc. TSNP – Update

We have been actively tracking TSNP for a month since October 28th,at which time this OTC stock was trading for as little as .0005. It has been on an epic rise since then, and this morning, we are seeing an astonishing new high of .1595 in premarket trading.

That works out to an absolutely absurd increase of 31,800% in the span of just one month, and will go on record as our highest potential gainer for the entirety of 2020.

FORW which has the same CEO, George Sharp, is another stock we’re going to want to track as a sort of sympathy play. Given TSNP’s unbelievable success, it would be folly to ignore anything else with which that Mr. Sharp is involved.

Sundial Growers Inc. SNDL

We are also taking notice of the surge in activity in SNDL, a cannabis play, which is currently being propelled on news of some debt elimination.

Our regular readers are aware of our affinity for marijuana-related stock, and especially those traded on the higher exchanges. This is a stock that was trading at more than three times its current value just a year ago, and with the progress it’s making toward cleaning up its debt, we have no reason not to believe that a much more significant recovery could be in the cards.

Canopy Growth Corp. CGC

Speaking of cannabis plays on the higher exchanges, we signaled some fresh CGC options plays on Friday morning, the CGC Weekly $26-27 Calls and those came back instant winners for us to close out the short holiday week. Here were the half-day intraday ranges and total possible gains on those:

CGC Weekly $26-27 Calls
$26: .99-3.05 (+208%)
$26.50: .24-2.62 (+992%)
$27: .11-2.11 (+1818%)

Extended Watchlist:
ALPP, SEGI, AWGI, ENZC, PUGE, RETC, TRNX, NGA,

A Fruitful Holiday Week

Closing Out the Short Week 

We hope everyone had a safe and happy holiday. We’re ready to close out this short trading week with a half day today. Just before we broke for Thanksgiving, we produced some fresh options ideas to carry into the end of the week.

Among those plays were the JWN Weekly $24-26 Calls and the GPS Weekly $24.50-23.50 Puts, and we observed some pretty good moves from those plays on Wednesday:

JWN Weekly $24-26 Calls
$24: 1.40-5.45 (+289%)
$25: .70-4.47 (+539%)
$26: .38-3.50 (+821%)
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GPS Weekly $24.50-23.50 Puts
$24.50: 1.80-3.10 (+72%)
$24: 1.13-3.69 (+227%)
$23.50: 1.08-2.06 (+91%)
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Fresh Options Ideas: 
CGC Weekly $26-27 Calls
X Weekly $14-15 Calls

Extended Watchlist:
TSNP, HYSR, SEGI, MRMD, BEGI