I'm long shares and short puts as of today (maybe change to a multiple answer poll?). I took some profit off after hours today and will be looking for an entry tomorrow (Assuming I don't get filled in the next 3 mins at my--very far from trading activity---price).
This is my favorite pattern. Very straight forward trading such stocks. yesterday price went up to 7.85 with even greater volume indicating momentum still very very strong. I would probably monitor very closely especially towards end of day. If I see price continue to go up or struggle to go up with reduced volume, I would probably reduce my position (perhaps by half) before end of day.
I bailed shortly after the volatility halt on the shares....still holding the short puts (might delta them on the shares if HTB comes down)
The Aurora / Coca-Cola "news" helped to start the rally in NBEV. However one author has gone a step further, writing that there are "rumors that Coca-Cola will buy New Age Beverages." The article is here: "The new ‘Tilray’ marijuana stock is here — this is how to set up the trade " https://www.marketwatch.com/story/t...re-this-is-how-to-set-up-the-trade-2018-09-21 and it was published at 4.11pm on Friday 21st. .