I took some June contracts on the ETF several weeks ago and may add more for Sep. Just waiting for a good entry on that.
There’s a ~10:1 correlation here with that other ticket and still moving together so not seeing much difference between one over the other which is what you would expect from a sector driven move. There’s just not enough volume here to smooth things out so things are a bit more challenging because it looks so erratic. That said, there was an analyst perspective not too long ago that JUSHI would be one the tickets that would benefit most from S3 (part of the reason why I re-entered here). The other one has FL+S3 going for it. So slightly different catalysts here.
I wouldn’t be surprised to see the EMAs ‘catch up’ a bit here. The sector confirmation yesterday in the daily was good to see. Need some follow up to confirm now. Weekly prints today.
GL
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM