My weed story ..... Long time not posting here, hope everything is good. At the golden time of weed, when we were hoping for $100 or more, I had a huge position in Weed stocks and also I had bought a significant amount of long call options exprirying Jan 2021 and Jan 2022. The strike prices were out of the money in both cases but they were close enough to the actual price at the time. Now they're way way out of the money. The only thing can salvage some if it becomes legal in US sometime soon and stock price increase significantly, which has no sign.
lateron, I sold my entire position and moved on but kept the call options with the hope that one day, that may bring fortune, lol. So far no luck and seems they all will expire worthless. Regardless, decided to keep the position until Jan 2022, of course they literally have no value now anyway.
I see some of our old fellow board members are still here and hope everyone is doing well.
(P.S.: At one point, those option value was more than half a million and thought in a few days, it will cross a million and did not take profit at all, can't believe how dumb was that not to take even half of it. It happened when Constellation came on board and stock price skyrocketed. Lessons learned, never look for a super homerun)