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They're down 1 day after running up double digits all week. Pullbacks after this type of run are to be expected.

A lot can happen with weed from now to July

Apparently that was my post from yesterday but I never pushed the reply button until this morning.

Bought some NSTB units today at 10.90. These guys have a reputation for making quick deals.

Yep, just look at all those leftist celebrities and democrats getting fired left and right every time they call someone on the right a Nazi or fascist, oh wait...

The one weed play I still own is CRBP, bought in around 2, currently at 4. Holding as weed plays all continue to go up.

I guess my SNDL 1.50 puts that expire tomorrow are safe...

Salt is fine, as long as they aren't putting it on like a fucking blizzard. I swear I went to outback once and the fries were inedible just from all the salt on em.

There's a lot of factors. TLRY and SNDL were going up even before the WSB meme stock wars. Look at the volume on them. TLRY also had a big merger yesterday or the day before. Factor in all these things together and you get the explosion you're seeing this week.

The one this morning was it. Where it goes from here is anyones guess. Evtol are popular, but this thing could stay flat or shoot over 20. Buy now at your own risk. I already sold mine. Might buy back in if there's a big dip and the research comes up solid.

I don't follow bio at all. I know a couple people here do though.

Bio stocks are weird, they usually won't do much until news about one of their FDA trials hits/leaks and then its to the moon if they get approved. You can guess what happens if its denied.

I had warrants at 1.95, sold them this morning at 4.95 for +100%

For people buying weed ETFs you need to look at their holdings locations. THCX is mostly canadian. Others are global. You'll want one that has strong USA exposure if you want a big pop with all the weed legalization news

Selling puts are bullish, buying puts are bearish. Selling options both calls/puts is when you receive the premium, buying options is when you pay the premium.

If you're buying the call, you're paying someone the premium for the right to buy BTNB at the date the call expires for the strike price of the call.

I don't think it dips down too big. Lots of large purchases and it's still the leading spac per day by volume on absolutely no news.

You're still not mentioning all the circumstances, it's only that high due to Thiel plus no warrants/units

Most of us own it at around +12.30, I got in at 12.25...

Maybe Coke will buy a couple billion worth of BTC

Alexandria Special Universal Corporation or ASUC for short

This is 2021, shit like revenue or being a viable business don't matter anymore

Video of Sanrith watching KO approach the strike price

Don't lie, you probably have one of these in your office with one of those calculators that print the results on paper rolls

I eat my fries plain, but sometimes with bbq instead. come at me

Better too early than too late

We pivoted from diet soda to grilled chicken? I'm losing faith in this thread

I see them just fine

ACIC rumor coming in, up 100% on warrants so far, commons up 40%.

One thing I don't see a lot of people doing is buying warrants. I've been buying more warrants and less commons lately. You have to be careful though as warrants have more risks. Not only can they potentially go to 0 without the same safety net that commons have, there are technical issues with...

Shorting does have its place, like buying puts. But short sellers haven't done the math. If you're shorting a 100$ stock, your potential profit is only ever going to be 100$ a share, but if that stock goes up to 500$ you're now down 400$ a share on a 100$ share stock. I swear short sellers are...

You'd be short if you were buying a put. You would be paying someone the right to sell them the shares at a lower share price. We're selling puts which is being on the opposite end of that.

You're pretty much on the right path. You'll be able to do what you're doing even in a bear market while the people who brag about their massive gains will probably have losses instead.

This is still a viable strategy. I do say never write a put on a stock you wouldn't mind owning. Maybe you think it has a flat/bearish short term with a bullish long term, puts are still a great way to end up owning a stock. I would just recommend being more aggressive with the strike you'd take...

Well this is the part where you decide how much risk and profit you want. The more options you write and the closer to the strike you write for more premium, the higher your gains but also the chance you're assigned a stock that drops in price. Also, if you want to write more options you have to...

Yes, when you write (sell to open) a put, you're the one receiving the premium. The goal of the maneuver is to collect the premium and close out the put as soon as possible to reinvest the money. When most of us sell puts, we don't actually want the stock, we want the premium. If I'm bullish...

Check out the SNDL puts for 2/12, can get the 1.50 strike for .15 premium. That's a 10% gain if it stays above 1.50 till this Friday. Sold some myself

Sold LAZR puts 2/19 30 strike. I usually don't like to do monthly puts unless I'm forced to unlike @Sanrith Descartes who can only handle boomer monthly's