Tilray Brands Inc TLRY

$5.51 USD Close

[CommonCentsforDollars]

It feels like the Market Moving Bear Closed TLRY just a hair above $5.50 USD to get the $5.50 Calls to be ITM so they can takeover the shares associated with those Calls for a potential cross/cover against their open Short position. Explains why not just the $5 but also the $5.50's had high volume earlier in the week when they were worth near nothing. High Open interest on the $5 and $5.50 Calls. 1,287,500 Shares switching hands overnight just between those 2 Strikes / Expiry today. 

CallsforMarch 18, 2022

Contract Name	Last Trade Date	Strike	Last Price	Bid	Ask	Change	% Change	Volume	Open Interest	Implied Volatility
TLRY220318C00001500	2022-03-15 12:46PM EDT	1.50	3.37	3.90	4.05	0.00	-	20	20	1,475.00%
TLRY220318C00002000	2022-03-15 1:34PM EDT	2.00	2.81	3.40	3.50	0.00	-	1	4	0.00%
TLRY220318C00003000	2022-03-18 3:05PM EDT	3.00	2.50	2.44	2.49	+0.46	+22.55%	13	245	0.00%
TLRY220318C00003500	2022-03-18 1:39PM EDT	3.50	2.09	1.95	1.99	+0.74	+54.81%	27	120	0.00%
TLRY220318C00004000	2022-03-18 3:05PM EDT	4.00	1.53	1.45	1.49	+0.25	+19.53%	62	225	0.00%
TLRY220318C00004500	2022-03-18 3:04PM EDT	4.50	1.01	0.95	0.99	+0.11	+12.22%	7	592	0.00%
TLRY220318C00005000	2022-03-18 3:46PM EDT	5.00	0.47	0.45	0.49	+0.04	+9.30%	1,737	4,818	0.00%
TLRY220318C00005500	2022-03-18 3:45PM EDT	5.50	0.01	0.01	0.02	-0.06	-85.71%	9,123	8,057	12.50%

[CommonCentsforDollars]

Heavy Volume on the $6 weekly Calls. I could be wrong but IF it is giving the same sort of " tell " as the OTM Call volume did early last week it would mean this pushes above $6 USD by end of week. Also there is an inversed Head & Shoulders on the chart which is bullish as long as we hold $5.15 USD. I took a half position on the $5.50 Weeklies on the dip. May add more tomorrow or

[CommonCentsforDollars]

$5.69 USD is a level of resistance, next resistance is $5.82 USD. I still feel good about my comments from yesterday, What I am not liking is the Open Interest from yesterday on $5.50 and $6 contracts is increasing. Who da f is selling New Contracts? I don't know. Better to be safe on the fire, gas and explosives. Sold 50% of my Weeklies position. Holding the other half. In at $11 per contract

[CommonCentsforDollars]

Set my other half position of  YOLO Calls at $69 per contract based on the pre-market this morning and can't even believe it sold first minute as the top. Dropped to $48 in the following 2 minutes, then bounced up over where I sold to $82. I don't even care, oustanding ROI on just a few days from $11. Decided last night I best lock in the juice on the YOLO Calls as I know how crazy

[CommonCentsforDollars]

Level of resistance $5.69 USD  which I mentioned two days ago became a support which they are flanking it down into right now to rattle some out. Just inhaled a 1/4 position of same $5.50 Calls Expiry tomorrow @ $28 per contract. Get the heart pumpin. Yolo. Shorties need to cover nearly 70 million shares. I think that has a lot to do with the wild after hours followed by yesterdays blow off

[CommonCentsforDollars]

In at $28 and back out at $44 on the yolo's. Don't like it stalled here on $5.90 Maybe another test of $5.69 USD this afternoon. Or maybe they just faked me out of the yolo's. Not sure. If they drop er again I will give the yolo's another go. 

[CommonCentsforDollars]

$6 Yolo Calls - Wild range:  High / Low $1.10 / $0.07 From a low of $7 a Call this morning, hitting $110 a Call as a high of the spike. At 1:06 this afternoon after watching it trade all morning I decided to plug just my profits from this mornings trade into these $6 Strikes instead of the $5.50's I had been playing. Cost of $9 a Call. Set the Sell order at $47 with

[hevin]

It's already broken through all your updates..just was at 7.71 US, but I don't know if we can count after hours trading at play... but still awesome. could be shorts captiulating finally

[CommonCentsforDollars]

Hi hevin, Never include After Hours for Resistance levels. Just regular trading Hours. But speaking of AH's,.. she is just smoking on the Volume. Wonder what the Volume will get to by 8:00 tonight? It could be someone putting pressure on the Shorty Cartel. Those b1tches have 70 million shares to Cover which as I have been saying is INSANE too high. How the fu*k they plan on covering that

[MrVerbatim9800]

Bids over $8.00 USD + ATM and reaching near 100,000,000 volume currently. Woooow....!

[madeinhemlo]

Where do you find the after-hours volume?  I can only see the s/p on Yahoo/finance?  

[hevin]

Google nasdaq after hours tilray or I have an app called Investing (has a yellow lightning streak on it)

[Ghostinthedark]

Www.nasdaq.com  

[MrVerbatim9800]

I use Quotestream and Tradingview. It'll cost you some $$$

[CommonCentsforDollars]

https://www.nasdaq.com/market-activity/stocks/tlry/after-hours Volume keeps climbing:  24,952,674 Hard to imagine how this will trade tomorrow. Insanely high open Shorty position. Insane Volume today. Insane After Hours Volume. What game does Shorty try to pull out of their handbook tomorrow. I truly don't know.