Premium & Expert Swing Trades

Option Idea involving HEXO which only has monthly options contracts.  

Sell the Aug  PUT & Buy the Aug Call for a 0-0.30 credit.  Pretty much getting long from this area and collecting a small premium.  If you can get 20 cents. 

This has been a cannabis stock we have been looking to add.  Risk is $750 per contract no different than going long or buying outright.

Was able to get a 20 cent credit.

 

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