Blue Horseshoe Stocks: TLRY, DCTH Updates & More

Tilray, Inc. TLRY – Update

We’ve been tracking TLRY since last Tuesday, and in that time not only has the stock made an incredible move, (87.50 to nearly $260 in premarket trading today: +165% ) but the options we signaled at the time, the TLRY 09/21 $91-93 Calls, have also made huge gains.

Here are the updated ranges on the options contracts, but please note that all of these will almost certainly be trading over $100 after TLRY’s eye popping premarket increases this morning:

$91 Calls – Range: 6.43-58.23 – Max Gain: 805%
$92 Calls – Range: 5.51-57.50 – Max Gain: 944%
$93 Calls – Range: 5.23-60.00 – Max Gain: 1047%

Because TLRY is a cannabis stock and is drawing a ton of attention to the space right now, and because we are heading into the hottest time of the year for cannabis stocks we are, as always, keeping a close eye on the pot sector.

Cronos Group, Inc. CRON is one other play from that space which has also showed some interesting trading activity. We began watching it a couple weeks ago, and despite some pullback, the stock regained all that ground and is currently testing resistance at 13.39. A break of that price should make things much more interesting for CRON.

Several other cannabis related plays to keep an eye on, but by no means an exhaustive list:

NXTTF, MYMMF, APHQF, RVVTF, TBPMF, SPRWF, INSY, AGTK, ACBFF, CANN, NGTF, MSRT, POTN, PNTV, CNBX, OWCP, GCAN



Delcath Systems, Inc. DCTH

We also want to swing back around for an update on another hot stock we recently signaled interest in, with DTCH. We slotted this play into our watchlist roughly three weeks ago on August 28th as the stock was trading as low as 1.76. It has since reached a new high of 5.60, which works out to an increase of 218%
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More Quick Updates: Both of the stocks we mentioned in yesterday’s report also set new highs. Here are those highs, along with the total possible gains that they’ve provided since our next most recent alerts on these plays:

New Age Beverage Holdings, Inc. NBEV
1.50-3.40 (+127%)

Aurora Cannabis, Inc. ACBFF
4.04-8.92 (+121%)

Blue Horseshoe Stocks: CGC Review & More

Canopy Growth Corp. CGC

We are incredibly proud of our alert on CGC a few weeks ago. The company had just seen its large investor, beverage behemoth Constellation Brands (STZ) had increased its stake Canopy by more than $4B.

This was a key factor in our formulation of the idea to track the CGC 09/21 $30-40 Calls, which we presented to our readers on the morning of August 15th. At the time, CGC stock was trading at a low of 29.05. The bull run which followed has been an absolute thing of beauty. This morning in the premarket, CGC stock has traded for as much as 57.05, marking a rise of 96% in a matter of three weeks.

That incredible move up has facilitated some unbelievably large gains in our designated call contracts. Their overall ranges and possible gains over that time span are as follows:

$30 Calls – Range: 1.76-21.82 – Max Gain: 1140%
$35 Calls – Range: .56-17.30 – Max Gain: 2989%
$40 Calls – Range: .16-12.30 – Max Gain: 7587%

Fun Fact: The purchase of ONE contract for $16 at the $40 strike point on the day of our initial alert, would have been worth $1214 at its highs this morning!  Cheers to anyone who has gotten even a piece of that action!
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Added Note: Canopy Growth is of course a cannabis related stock, so while we’re on the subject, here’s watchlist of lower priced pot plays to also watch as we head into autumn, traditionally one of the best times of year for the cannabis sector as a whole.

NXTTF, MYMMF, APHQF, RVVTF, TBPMF, SPRWF, INSY, CRON


Extended Watchlist:
NBEV, VCEL, SNES, CHFS, CDNA, VRA