Cannabis Covered Combo? We had you at hello.
Listen to Options Playbook Radio 214: Cannabis Covered Combo
News out of Canada regarding the legalization of marijuana has impacted volatility of medical marijuana stocks. This is an interesting opportunity to get back to basics, including a covered call and a cash-secured put. You can find more in The Options Playbook, which is always available on OptionsPlaybook.com, in on the Amazon Kindle edition.
Specifically:
- A review of last week
- How did the trade work out?
- Legal pot in Canada? That impacts IV for CGC
- What is our outlook?
- Setting up the trade
- What do we want to happen?
Do you have a question that you want answered on a future episode? Send them to Brian at theoptionsguy@invest.ally.com, or to the Options Insider at questions@theoptionsinsider.com.