Most active stock options for Nov 15: stocks rallied on cannabis 'legalization'
Marijuana players dominated top performers in healthcare this week ahead of a Republican-led attempt for federal legalization of cannabis in the U.S.
Cannabis stocks rose Friday on reports Republican Rep. Nancy Mace from South Carolina has floated a bill that seeks to legalize weed. $SNDL Inc(SNDL.US$ was the biggest gainer, rising 27.82%. $Tilray Brands(TLRY.US$ closed 9% higher, while $Aurora Cannabis(ACB.US$ jumped 12.29% last Friday.
Weed stocks have been on a tear since Marijuana Moment reported that Mace is proposing to amend the Controlled Substances Act. The bill favors scrapping cannabis from Schedule I of the act to legalize it and tax cannabis at the federal level in the U.S.
How to read the chart
· The chart shows stocks with the most option activities of the previous trading day.
· Put/Call ratio >0.7 means more the stock attract more bears than bulls. ![]()
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Put/Call ratio<0.7 means the stock attractmore bulls than bears.![]()
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· Option volume indicates the shares of contracts traded for the day.
· Open interest indicates the total number of option contracts that are currently open – that means they are not yet exercised or offset.![]()
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perfectly broke : if they don't make it legal they will literly be hannged...
Machiavellis3rdEye : Why are you reposting yesterday’s news?
Options Newsman OP Machiavellis3rdEye : Thanks for the comments. Data of stocks option can only be summarized when the market is closed. Therefore all the data are based on yesterday’s market movement, hence I would like to mention some of the key movements in the chart. I plan to post a new column that’s more a preview than a review in the future.