🎯 Daily Trading Opportunities - 2025-06-17
Join our Discord channel for live trading signals and discussions:
Daily Trading Opportunities - 2025-06-17
1. ACB: Bullish Breakout with Cannabis Momentum
Technical Setup
Price Action & Trend: Trading at $6.10 (+5.13% today), Trend Score 0.65 (highest in universe). Strong uptrend with closing above key psychological $6.00 support. Volume & Accumulation: Volume trending +13.2% MoM, recent volume 1.4x avg – signals accumulation. Key Levels: Support at $6.00 (options strike/confluence), resistance at $7.00 (next strike). Break above $6.20 opens path to $7.00. Options Chain: High liquidity (2,230 contracts), $1.09 strike spacing (manageable).
Options Trading Strategy
Strategy: Bull Call Spread (reduce capital risk vs long calls). Strike Selection: Buy $6.00 Call / Sell $7.00 Call (June 2025 expiry). Expiration: June 2025 (captures regulatory catalysts, reduces theta decay). Position Sizing: 5 spreads max ($60 estimated cost/spread). Risk ≤$300 (6% of $5k account). Risk Management: Exit if price closes below $5.90. Profit target: 50% gain or stock at $7.00.
Catalyst Analysis
Recent News: Cannabis rescheduling momentum (DEA review), ACB’s restructuring progress. Upcoming Catalysts: US federal policy shifts (Q3), earnings volatility. Sentiment: Sector-wide bullishness; Put/Call Ratio 0.52 (call-biased).
Risk Assessment
Liquidity Risk: Low (high options volume). Volatility Impact: IV at 50% – fairly priced; avoid earnings if IV spikes. Max Loss: $300 (pre-defined by spread). Account Impact: Moderate (6% risk).
2. AMC: Meme Stock Rebound Play
Technical Setup