Investors with significant funds have taken a bullish position in Canopy Gwth (NASDAQ:CGC), a development that retail traders should be aware of.
This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in CGC usually indicates foreknowledge of upcoming events.
Today, Benzinga's options scanner identified 10 options transactions for Canopy Gwth. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 80% being bullish and 20% bearish. Of all the options we discovered, 9 are puts, valued at $390,515, and there was a single call, worth $41,000.
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $7.0 to $21.0 for Canopy Gwth over the last 3 months.
Insights into Volume & Open Interest
In terms of liquidity and interest, the mean open interest for Canopy Gwth options trades today is 4392.67 with a total volume of 1,424.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Canopy Gwth's big money trades within a strike price range of $7.0 to $21.0 over the last 30 days.
Canopy Gwth 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|
CGC | PUT | TRADE | BULLISH | 11/15/24 | $15.7 | $14.95 | $14.95 | $21.00 | $58.3K | 0 | 80 |
CGC | PUT | TRADE | BEARISH | 04/26/24 | $11.4 | $11.2 | $11.4 | $20.00 | $47.8K | 0 | 42 |
CGC | PUT | TRADE | BULLISH | 10/18/24 | $14.45 | $13.75 | $13.75 | $20.00 | $41.2K | 5 | 238 |
CGC | PUT | TRADE | BULLISH | 10/18/24 | $14.45 | $13.6 | $13.75 | $20.00 | $41.2K | 5 | 208 |
CGC | PUT | TRADE | BULLISH | 10/18/24 | $14.45 | $13.75 | $13.75 | $20.00 | $41.2K | 5 | 31 |
About Canopy Gwth
Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Doja, 7ACRES, Tweed, and Deep Space. Its non-THC products include skincare products under Martha Stewart CBD and Storz & Bickel vaporizers. Canopy growth is attempting to merge its U.S. assets into a separately operated holding company, Canopy USA, which will not be consolidated into the Canadian company's financials.
Following our analysis of the options activities associated with Canopy Gwth, we pivot to a closer look at the company's own performance.
Present Market Standing of Canopy Gwth
- With a volume of 9,470,636, the price of CGC is up 13.55% at $8.91.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 58 days.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
拥有大量资金的投资者对Canopy Gwth(纳斯达克股票代码:CGC)持看涨立场,零售交易者应该注意这一事态发展。
今天,通过对本辛加可公开访问的期权数据的监控,这引起了我们的注意。这些投资者的确切性质仍然是个谜,但是CGC的如此重大举动通常表明对即将发生的事件的预感。
今天,Benzinga的期权扫描仪为Canopy Gwth确定了10笔期权交易。这是一种不寻常的事件。这些大型交易者的情绪喜忧参半,80%看涨,20%看跌。在我们发现的所有期权中,有9个是看跌期权,价值390,515美元,还有一个看涨期权,价值41,000美元。
预期的价格走势
考虑到这些合约的交易量和未平仓合约,在过去的3个月中,大户似乎一直将Canopy Gwth的价格定在7.0美元至21.0美元之间。
对交易量和未平仓合约的见解
就流动性和利息而言,今天Canopy Gwth期权交易的平均未平仓合约为4392.67份,总交易量为1,424.00。
在下图中,我们可以跟踪过去30天Canopy Gwth在7.0美元至21.0美元行使价区间内的大额资金交易的看涨期权和未平仓合约的变化。
Canopy Gwth 30 天期权交易量和利息快照
观察到的最大期权交易:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|
CGC | PUT | TRADE | BULLISH | 11/15/24 | $15.7 | $14.95 | $14.95 | $21.00 | $58.3K | 0 | 80 |
CGC | PUT | TRADE | BEARISH | 04/26/24 | $11.4 | $11.2 | $11.4 | $20.00 | $47.8K | 0 | 42 |
CGC | PUT | TRADE | BULLISH | 10/18/24 | $14.45 | $13.75 | $13.75 | $20.00 | $41.2K | 5 | 238 |
CGC | PUT | TRADE | BULLISH | 10/18/24 | $14.45 | $13.6 | $13.75 | $20.00 | $41.2K | 5 | 208 |
CGC | PUT | TRADE | BULLISH | 10/18/24 | $14.45 | $13.75 | $13.75 | $20.00 | $41.2K | 5 | 31 |
关于 Canopy Gwth
总部位于加拿大史密斯福尔斯的Canopy Growth通过包括Doja、7ACRES、Tweed和Deep Space在内的品牌组合种植和销售药用和休闲大麻以及大麻。其非四氢大麻酚产品包括玛莎·斯图尔特CBD和Storz & Bickel蒸发器下的护肤产品。Canopy Growth正试图将其美国资产合并为一家独立运营的控股公司Canopy USA,该公司不会合并到这家加拿大公司的财务状况中。
在分析了与Canopy Gwth相关的期权活动之后,我们将转向仔细研究公司自身的表现。
Canopy Gwth 目前的市场地位
与仅交易股票相比,期权是一种风险更高的资产,但它们具有更高的获利潜力。严肃的期权交易者通过每天自我教育、扩大交易规模、关注多个指标以及密切关注市场来管理这种风险。