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Going Out On A Limb. Exxon Calls.

Let's start with this. A five dollar drop is one of the biggest drops in days. These Calls don't have the strenght of Calls purchased at the close on Fridays which then give you the advantage oil prices shifting over weekend discontent. Let's see what happens. Here is what it's afternoon trading looked like on the day. It depends on what is said to be happening overseas. These Calls could jump on the opening. At 1:00 a.m. it was trading flat. Now a Wednesday report. There was no real bounce back up however the D.J.I.A. sold off at the end of the day. The 148 series of Calls hit a high of $2.95 and closed at $2.09 with the stock off 23 cents on the day. Trying to follow the Strait of Hormuz news is never easy to do and thousand of troops could be sitting ducks if things suddenly catch fire. One or two ships getting bombed would set off panic.These Calls still have two full days of life in them and anything could happen. These short term options are really a play on ...
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A Canadian Company Up 68% In One Day

Canopy Growth. It's one year and one day chart.
Now it's five day chart.
What's going on? Well let's start with why it surged last August.
So now what? Why did it pop this time? Well this time, like last time many of the stocks in the marijuanas space popped. Look at the last Fridays action in these other matijuana stocks.
Here is the news this time. Many sources talk about it in different way.
Now this.
So this kind of paints the picture of what is happening. Canadian companies have kind of got the jump on growing techniques after burning through billions of dollars in startup capital. Now they are all of on a mission to expand their footprints overseas. Skeptics of the industry who have witnessed these surges in this group of stocks might now tout this as being a good time to sell. Afterall there are millions and millions of outstanding shares and the daily volumes traded are at time quite insignificant.These are difficult stocks to play and even more difficult to play are options on them. Watching this segment of the market can be exhausting experience. A March 30th update. Look at how these stocks are trading one week later after this surge.
These numbers are diffcult to read so I will print them out. Sundial up another $.25, Canopy Growth up $.96, Village Farms up $1.03, Curaleaf up $.03, Tilray up $.16, and Aurora down $.67. Let the better times roll. **** To put things into perspective look at some of these ten year charts. Timing is everything. Look at the volumes of trading coming back into some of these stocks. What do you think is going to happen next?
More news, April 3th.

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