Bullboard - Stock Discussion Forum Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints... see more

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Aphria Inc. > Anyone looking at any specific Call options?

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Post by hevin on Jan 21, 2021 10:56am

Anyone looking at any specific Call options?

er hum....commoncents, for example?

Shorty giving great buying opp here.

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Comment by CommonCentsforDollars on Jan 21, 2021 11:35am

The Calls had a quick fade on Tuesday but bounced back quickly. Even though the share price is lower today than it was on Tuesday the Calls are higher than where they faded to on Tuesday which is a little crazy. Example The $10 Jan 2022's Calls faded on Tuesday to $4.50 USD,.. currently trading at $4.90 (For price comparison: last Friday, the peak I had sold 1/3 of mine at $5.90) Also take ...more

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Comment by MoneyPlay2019 on Jan 21, 2021 3:39pm

CommonCents, I am also carrying APHA 2022 and 2023 LEAPs. Do you know what would happen to these options when we merged. APHA ticker will not exist after merger. What is the expectation? I don't want to sell them before merger since there is time value. I have $6 APHA 2022, 7.5 APHA 2022 ans $6 APHA 2023 options. Thanks,

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Comment by CommonCentsforDollars on Jan 21, 2021 3:50pm

Options will go through the 0.8381 haircut. As you know normally each Call Contract is equiv to 100 shares. I expect ours to adjust to 84 but I have not seen an official filing for this yet. So our APHA Calls will end up showing up as "TLRY-ADJ". Not sure if you have compared the Calls you have with the TLRY Calls but ours is trading at a mighty discount, similar to how APHA stock ...more

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Comment by MoneyPlay2019 on Jan 21, 2021 8:32pm

Thanks CC for the input. Yep... I don't mind the red headed step child with ADJ as long as my time premium stays there. Plus, you are correct, APHA's options are at good discount compared to TRLY's.. If I see our pricess at 12 range again (dreaming!!!), I would sell $10,0000 value of stock and convert this to LEAP-2022 or 2023 depending on spread. This is very profitable. By the ...more

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Aphria Inc.