I love the way you’re talking to me right now. I still think it is a potentially good position but no matter what I won’t let it turn into a loss. In the green by just over $1k currently...Will exit if that gets anywhere near zero.
I sold some 2/19 puts as high as 30 in TLRY. Was looking a little scary overnight, but TLRY has stabilized some.
I bought back all my 2/19 TLRY puts at a profit, even the 30 in the end. "You didn't really need an IQ over 100 to make money." -Linda Bradford Raschke
Scaled out of most cannabis during recent drop, lost $, keeping small size and will slowly scale back in at 2day highs.
Many like TLRY in mean reversion areas, others like APHA GRWG are stronger, looking forward to trading them on the way up.