Short
CGC Debit Spread Short
Shorting CGC as poor earnings, Black market marijuana cut their prices as soon as legalization happened.
Core companies or government marijuana is known now is weak and hasn't made much gains due to high prices.
They don't know their competitors and understand their market. More poor earnings to come.
August 2 EXP debit spread $390 entry and exit will be $200 gain at around $36-37 by Mid august.
Max loss is $200
Core companies or government marijuana is known now is weak and hasn't made much gains due to high prices.
They don't know their competitors and understand their market. More poor earnings to come.
August 2 EXP debit spread $390 entry and exit will be $200 gain at around $36-37 by Mid august.
Max loss is $200
Note
Reduced my load to 1x and took a loss of $50 due to the reaction this morning and the buyback of shares or short covering.Trade fermée manuellement
Lost $100 + commission it was a good trade but I had to reduce my losses as direction changed abruptly
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.