With the drop from profit taking in medical cannabis / HEMP CBD ETF's just looking to compare MJ, TOKE and THCX as some of top ETF's in this sector.
Did you know you can trade ETF's in 401K fund? Ask your investment holder about this option, as ETF/ETP's are like Mutual Funds, but offer typically lower fee's and entry/exit like a stock.
* With recent...
$CGC is the gold standard, top performer of all time,
Target 1, $30
Target 2, $40
Target 3, $70
$TLRY was the hardest pumpin IPO made over 1000%
Target 1, $8.9
Target 2, $13.79
Target 3, $28
$MJ is more of an Index/ETF
Target 1, $15
Target 2, $22
Trading Edge 2020 Portfolio trade #1
Ticker: MJ
Position:
- Looking at long dated call options (Jan 15th 2021)
- $15 strike (ITM, gives some degree of protection against theta decay)
- Cost (approximately $460/ contract, at current mid bid and ask, willing to go as high as $5.00)
- 0.72 Delta (ITM)
- Running 2x contracts (allows us to sell one on the way...
