Tilray Brands Inc TLRY

Some Bullish Calls just purchased.

[CommonCentsforDollars]

TWA Options

 

@TWAOptions

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7m

 

$TLRY Strike: 35.00 Expiration: 2023-01-20 Call .TLRY230120C35 Price: 0.14 Size: 2000 Time: 2022-05-20 1:53:01PM Premium: $28,000.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TWA Options

 

@TWAOptions

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7m

 

$TLRY Strike: 32.00 Expiration: 2023-01-20 Call .TLRY230120C32 Price: 0.20 Size: 1000 Time: 2022-05-20 1:53:01PM Premium: $20,000.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TWA Options

 

@TWAOptions

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6m

 

$TLRY Strike: 40.00 Expiration: 2023-01-20 Call .TLRY230120C40 Price: 0.12 Size: 1000 Time: 2022-05-20 1:53:01PM Premium: $12,000.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TWA Options

 

@TWAOptions

·

6m

 

$TLRY Strike: 30.00 Expiration: 2023-01-20 Call .TLRY230120C30 Price: 0.33 Size: 2000 Time: 2022-05-20 1:53:01PM Premium: $66,000.00




 

Somebody out there made some Bullish bets on TLRY today.

A total of $126,000 USD spent on the below Strikes for Jan 2023 Expiry.

Strikes of $30, $32, $35 and $40 USD.

Doesn't copy and past so well, may have to scroll down a bit.

Let's go Germany? Who knows.

[CommonCentsforDollars]

$45 Jan 2023's also got tapped with irregular buying volume for 6000 contracts. CallsforJanuary 20, 2023 Contract Name Last Trade Date Strike Last Price Bid Ask Change % Change Volume Open Interest Implied Volatility

[slottygoddy]

What's even wilder is looking at the call options in June and seeing what strike prices have the biggest open interesting.  One can only hope but i suspect we won't see those prices of $10 and $20 a share

[wideopenthrottl]

This post has been removed in accordance with Community Policy

[slottygoddy]

They would like go with in the money options and not that far out.  I suspect much of the open interest was done in 2021.  given PA I can't see why anyone would go that far out. 

[CommonCentsforDollars]

Shorts could buy these Calls as a hedge but I have to agree with Slotty, the strikes are little bit too far out of the money. They don't need to be Calls that are in the money right now, but if I was short and wanted to Hedge I would be going with Calls that are more feasable to be ITM by Jan 2023. It would make more sense this being a hedge if the Calls were more feasible strikes for the Jan