The Call/Put ratio for MSOS hit 14.62, and the LEAP ratio is 6.04—this isn't trading, this is someone betting real money on the cannabis bill passing.
0423 Option Opportunities
The Call/Put ratio for MSOS hit 14.62, and the LEAP ratio reached 6.04—this isn't just trading; someone is betting real money on the cannabis bill passing. Cannabis stock MSOS: Someone is placing a bet on a policy bomb 🚨 A C/P ratio of 14.62 means for every 1 Put contract, there are nearly 15 Call contracts on the other side. Volume was 263,000 contracts, with the hottest contract being 0424.C.5—an out-of-the-money Call expiring in two days. The LEAP ratio also reaching 6.04 indicates it's not just a short-term bet; long-term positions are also being heavily added...
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