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.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TLRY: