Moderately bullish activity in Tilray (TLRY), with shares up 4c, or 2.71%, near $1.32. Options volume relatively light with 27k contracts traded and calls leading puts for a put/call ratio of 0.12, compared to a typical level near 0.14. Implied volatility (IV30) is higher by 3.6 points near 118.5,and below the 52wk median, suggesting an expected daily move of $0.10. Put-call skew steepened, indicating increased demand for downside protection.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TLRY: