Who is buying into Organigrams?

[chex1111]

Options Traders Expect Huge Moves in OrganiGram (OGI) Stock

Zacks Equity Research
ZacksOctober 14, 2019
Comment

Options Traders Expect Huge Moves in OrganiGram (OGI) Stock
More
Investors in OrganiGram Holdings Inc. OGI need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 18, 2019 $5.00 Call had some of the highest implied volatility of all equity options today.

What is Implied Volatility?

Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?

Clearly, options traders are pricing in a big move for OrganiGram shares, but what is the fundamental picture for the company? Currently, OrganiGram is a Zacks Rank #3 (Hold) in the Medical - Products industry that ranks in the Top 34% of our Zacks Industry Rank. Over the last 30 days, our Zacks Consensus Estimate for the current quarter decreased from 2 cents per share to 1 cent.

Given the way analysts feel about OrganiGram right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

Looking to Trade Options?

Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk.

 

[chex1111]

There's something fishy going on here between the Gov cover up and the big call option volume.

 

[TheRealDman]

If you didn’t invest in the LP space in 2015, and then sold last Summer...you already missed the boat. In 3-5 years there will only be a handful of LP’s listed, and even then...doubtful any of those will profitable by that time. There’s way better places to park your coin in the stock market.

 

[gb123]

If you didn’t invest in the LP space in 2015, and then sold last Summer...you already missed the boat. In 3-5 years there will only be a handful of LP’s listed, and even then...doubtful any of those will profitable by that time. There’s way better places to park your coin in the stock market.

 

[chex1111]

If you didn’t invest in the LP space in 2015, and then sold last Summer...you already missed the boat. In 3-5 years there will only be a handful of LP’s listed, and even then...doubtful any of those will profitable by that time. There’s way better places to park your coin in the stock market.

It may be true but that's not what i'm getting at. Green Highlander
"Government is a large stockholder in this company.... According to a detailed 2017 holdings report from Vestcor, they have $3,791,270 of pension funds invested.... They've likely added to that amount since then. That's why the province didn't release the name of the company that made several workers sick with Legionnaires disease "

The Gov is the largest investor and the regulator? So the regulator protects his investment.

 

[TheRealDman]

The Gov is the largest investor and the regulator? So the regulator protects his investment.

Have you not been watching this whole shitshow from the get-go? This has always been the case, dating all the way back to 2013 when the RCMP/Hellth Canaduh chose not to pursue ShiTweed’s illegal purchase(s) from the MMAR....”because it would hurt investors.”

 

[gb123]

Have you not been watching this whole shitshow from the get-go? This has always been the case, dating all the way back to 2013 when the RCMP/Hellth Canaduh chose not to pursue ShiTweed’s illegal purchase(s) from the MMAR....”because it would hurt investors.”

it really does take some quite a while to finally figure it out..even when they have been told for the passed 6 years.. lol

 

[chex1111]

Something happening in the beginning is one thing. When it is still going on with "certain investors," then I have more details to look at. I thought the section 21 got nixed, but there was an allowance before to buy from MMAR.
I find this to be a different situation because of the massive lawsuit potential. Also, in the Tweed example, there was no nearby citizens getting nearly killed due to criminal negligence. I wonder who will take the fall for Organigrams? As for Tweeds buy from MMAR if it was deemed illegal the shareholders could try to sue Tweed for some kind of misappropriation of funds, unjust enrichment, whatever it is. Nothing happened, but I wonder, if the Conservatives get in maybe they will try to dig up some skeletons?

 

[Gquebed]

If you didn’t invest in the LP space in 2015, and then sold last Summer...you already missed the boat. In 3-5 years there will only be a handful of LP’s listed, and even then...doubtful any of those will profitable by that time. There’s way better places to park your coin in the stock market.

I agree... except the part about profitability.
Once the pretenders are driven out by low prices the bigs will do fine, as they have international contracts. Plus... other countries are getting on board. They see the tax revenue and its happening fast.

 

[GreenHighlander]

I just bought a ton of OrganiGram stock. Sold off and cashed in everything I had to buy as much as I could. I mean if the government is investing pension funds in it, it must be a winner. HAHAHAHA Saddest part is even with %100 backing and doing everything it can for them, they still can't make a profit growing and selling weed. They can't do what a lot of people were able to do at 15 years of age, buying at slightly less then the selling price. At slightly less then the selling price teenagers were still able to turn profits. In some cases paying for their own post secondary and then some.

I agree... except the part about profitability.
Once the pretenders are driven out by low prices the bigs will do fine, as they have international contracts. Plus... other countries are getting on board. They see the tax revenue and its happening fast.

What companies are turning a profit at this point? Not stock manipulation, but actual profit from their product? An honest question.

Cheers

 

[chex1111]

I just bought a ton of OrganiGram stock. Sold off and cashed in everything I had to buy as much as I could. I mean if the government is investing pension funds in it, it must be a winner. HAHAHAHA Saddest part is even with %100 backing and doing everything it can for them, they still can't make a profit growing and selling weed. They can't do what a lot of people were able to do at 15 years of age, buying at slightly less then the selling price. At slightly less then the selling price teenagers were still able to turn profits. In some cases paying for their own post secondary and then some.


What companies are turning a profit at this point? Not stock manipulation, but actual profit from their product? An honest question.

Cheers

I don't think hardly any are. It's hard to research when they hide and manipulate their numbers. International contracts? I don't believe they are as great as people are led to believe. The contracts have a term, after the term the next contract will go for much cheaper. Like anything it's hard to make money when everyone is trying the same business.
Looks like the call options were a play on stock increase due to edibles being legal. Legal again, for now, maybe until later, unless HC changes its mind again. Which they might, but then again might not, but will if they can accomplish it. But, it might be better to not accomplish the goal. As we recriminalize cbd, we create a vacuum and as we fill that vacuum, legalization becomes closer.