Synaptic724

CGC Debit Spread Short

Singkat
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NYSE:CGC   None
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
Komen:
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.
Dagangan ditutup secara manual:
Lost $100 + commission it was a good trade but I had to reduce my losses as direction changed abruptly
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.