Jul. 9 at 2:44 PM
$TLRY $SNDL $MSOS $GTBIF $TCNNF
Massive
$TLRY vol.
Tempting to buy calls.
Downside is traders not realizing TLRY severely mispriced
$1.60 is fair value.
If traders aware
$1.60 base case, shouldn't see a dip lower. I don't like boom/bust trades so don't want to encourage it.
Wouldn't make sense to sell under 1.60 as Trump about to annouce one of biggest catalysts for any industry... hope for catalyst ran
$MSOS to
$50 in 2021.
Having said that, and pointing out that risk, I'm going to buy 50c calls (not much like
$200).
Shared I bought bunch of MSOS contracts few weeks ago as I sensed Trump "needed a win".
And that intuition proved true as long time Trump buddy Tyson & all of Trump's advisors suddenly sharing similar messaging all over twitter asking Trump to reschedule cannabis.
GLTA
My hesitation is due to my mission statement: Helping people who can't afford to lose money to keep and grow it.
But in very few scenarios, I'm ok with a little risk taking.