NaughtyPines

OPENING: CGC JAN 17TH 15 SHORT PUT

Long
NaughtyPines Updated   
NYSE:CGC   None
... for a .92 ($92) credit.

Notes: A high rank/implied (76/78) underlying with earnings in the rear view mirror, excellent liquidity, and that's been beaten down on "weed sector weakness." Cost basis of 14.08 if assigned. Go 7.5/15 and you'll get some buying power relief in a cash secured environment, while only giving up .12 in credit to do so (it's currently .80 at the mid).
Trade closed manually:
Covered late in the trading session for .34, a .58 ($58) winner.
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