THCO will follow the THC price at a 1:1 correlation now that the expiry date is nearing. If, like most investors here, you believe this upward momentum will be sustained for a while longer, it makes the options seem an incredibly value investment at such a low price.
Those who were savvy enough to buy the options last week have already seen returns of 400% on their investment, and given the flurry of positive news coupled with THC’s strong fundamentals and the anticipated announcement of full spectrum oil production in December, it’s highly likely the options will continue to perform impressively till the end of the year.
Options are still only two cents a pop, it’s a great buying opportunity at the moment that won’t be around for long if THC continues to show the buying strength it has had recently.
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