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Strategies & Market Trends : Trader J's Inner Circle
BABA 113.37-4.8%4:00 PM EST

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To: ggamer who wrote (53970)10/28/2021 9:20:06 AM
From: Trader J  Read Replies (3) of 54203
 
I've tried to recreate the magic that was TLRY a couple of times too and haven't profited but ... that all plays well into the potential. When I get my leaps it will be 2023. Problem is that there is NO way we're going to get that same setup where you can roll into them with zero premium when TLRY was left for dead and no one cared. It's still being hyped now and again on WSB and we need a complete drubbing of the stock and hte markets before it gets forgotten again. Even then, cannabis stocks are too much in the news. SO you'll have to be okay with premium OR purchasing OTM leaps which is probably the way I'll go.

I'll either purchase ATM leaps or the $15 or $20 leaps .... something close enough that gets into value if/when it explodes again. I don't think it will take much for TLRY to rocket again, especially if the WSB community goes heavy due to news, merger, legalization, etc. etc., positive catalysts to provide a short term rocket opportunity.

No hurry and I may very well miss it but I still have long shares and add a few more regularly as I free up money from good trades.
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