Ya'll laughed last weekLast week I posted
"Just like pot stocks were manipulated to obscene highs in anticipation of Trudeau legalizing pot, They're now being manipulated to highs on a BIDEN win. Todays highs, the day before the elections, to me means Wall Street is cashing in on call options across the pot sector as they see a possibility of a Trump victory "
Monday Nov 2 ANOTHER push to the highs BUT I NOTICED SOMETHING that wasn't there on the Friday.. 9443 PUT OPTIONS suddenly appeared at the magical $20 U.S...Tuesday went red with the lows below $20.... Now today I see $5208 NEW put contracts at $18.5
AND LOOK.. UNLESS there's massive voter fraud with the mail in ballots yet to be counted..TRUMP WINS....
Now as I've previously stated a Trump win would cause a sector wide dump in pot stocks..
AND LOOK....starting to look like a massive pot sector dump as Trump as off now has won unless almost every absentee and mail in ballot goes to Biden,
So The shorts made a killing pumping up the SP to cash in on the calls anticipating a TRUMP WIN. They increased their positions at higher levels and are now going to make a killing bum rushing it back down.
The longs have also covered their behinds with new put positions..
Hey, if today plays out as a dump on a Trump win, then I called not only a Trump win but the stock play.
So far it looks like I'm not that stupid , does it. AT LEAST PRE MARKET