Hey Nerds: Blockchain

[CH1]

yeah...that's why I went lotto on CRON. If the calls go to zero, my loss is $290.

 

[Preston]

I don't do options but if I did I'd buy some Aphria puts ahead of earnings tomorrow. Take my advice with a grain of sodium chloride.

 

[Preston]

Yeah, chart is insanely over-extended. Unless they fucking crush it beyond belief (I can't imagine they do) I think they're in for some red tomorrow. Sell the news kind of thing, or if they disappoint it could become a tire fire.

 

[CH1]

I don't do options but if I did I'd buy some Aphria puts ahead of earnings tomorrow. Take my advice with a grain of sodium chloride.

I banked really nice coin with APHA earning calls about a year ago as I thought sentiment was too dire. But honestly, I stopped following LPs so I have no feel for what people are expecting now.

 

[CH1]

the 6 puts are priced at 50 cents, so would have to tumble to 5.50 just to break even. If it falls to 5, money is doubled.

 

[Preston]

I banked really nice coin with APHA earning calls about a year ago as I thought sentiment was too dire. But honestly, I stopped following LPs so I have no feel for what people are expecting now.

They're all failing and losing market share. Aphria may be the only one actually gaining or holding their market share but I mean... they just did 23% in a couple days. Something special is priced in at this point. Let's put it on record that Preston has fake paper puts on Aphria.

 

[Preston]

the 6 puts are priced at 50 cents, so would have to tumble to 5.50 just to break even. If it falls to 5, money is doubled.

Okay nevermind. I'll pass.

 

[Preston]

I could definitely see an absolute disaster tomorrow but I don't love the price of the putos.

 

[CH1]

I could definitely see an absolute disaster tomorrow but I don't love the price of the putos.

When I played them last year, they were about 25c for the same move. Made it easier to pull the trigger.

 

[CH1]

I could definitely see an absolute disaster tomorrow but I don't love the price of the putos.

People are overly optimistic....so far today the volume in the 6 Calls is 2466....15X greater than the put volume.

 

[Preston]

It would be SLV-esque for them to pop even more tomorrow. Chart don't lie.

 

[CH1]

of course charts lie....that's why we're not all billionaires

 

[Preston]

Okay then... Odds don't lie!!!



unless they say that Donald Trump will lose to Clinton in 2016

 

[CH1]

I love AYR.A. Just inches along while nobody pays attention.

 

[CH1]

Nice little noon swoon on ES and NQ....locking in some scalp profits

 

[CH1]

FFNT up 15% since the Putnam shout out

 

[Preston]

Thumb and Cresco up over 5% each. CURA and TRUL over 3% each.

Get your shit together TER. I still believe in my thesis.

 

[CH1]

FFNT

Thumb and Cresco up over 5% each. CURA and TRUL over 3% each.

Get your shit together TER. I still believe in my thesis.

TER is just taking a breather

 

[Preston]

It needs a breather far less than the big boys. It'll eventually run today. There's just no volume on it right now.

 

[CH1]

Canopy FTW