cb247

sell strangle options CGC strategy

NYSE:CGC   CANOPY GROWTH CORPORATION
Reason: IVR 100%
It is Volatile
It is range bound


Sell strangles on this stock

18Jan19 put @ 25
18Jan19 call @ 80

$4.5 credit collected

Take Profit: 1/3 - 2/3 of credit
Stop Loss: 2X of credit
Trade closed: target reached: 50% reached
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