Aurora Cannabis Inc (ACB)

[leopard messiah]

Basic options are pretty simple, conceptually at least. It’s just a contract, which you have the option to follow through on, to either buy or sell at a certain price in the future. You select the price and timeline. You pay for the right to have this option contract, and the cost is non-refundable regardless of whether you execute (usually about 3-10 percent of the underlying value of the whole transaction).

The thing with options is, if you hit them right, you can multiply your money in a way you can’t do when buying the stock. And you don’t ever have to execute the contract, you can just trade the value of the contract itself, they’re extremely liquid for high volume stocks.

Check them out, highly entertaining.