Tilray Brands, Inc. (TLRY) Options Statistics & Positioning

Tilray Brands, Inc. (TLRY) options trade at a 30-day at-the-money implied volatility of 85.5%, an IV rank of 17 out of 100 over the past year. The options market prices a ±$0.85 (±25.3%) move in TLRY for the front expiration. Max pain sits at $4.5 and the put/call open interest ratio is 0.28. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Oct 12, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$3.36

52-week range

$3.36 – $17.00

ATM IV (30d)

85.5%

IV rank

17 / 100

Low

Expected move

±$0.85 (±25.3%)

Put/call OI

0.28

Call-heavy

Max pain

$4.5

↑ 34.1% above close

Next earnings

Feb 18, 2027

What's TLRY's IV rank right now?Where's the max pain for TLRY?Explain what gamma exposure means for TLRY.

Most Active TLRY Contracts

Contract	Expiration	DTE	Last	IV	Volume
TLRY $3.5 call	Oct 16, 2026	4d	$0.04	61.8%	2,916
TLRY $3 put	Oct 16, 2026	4d	$0.02	100.3%	1,011
TLRY $3 call	Oct 16, 2026	4d	$0.38	0.0%	828
TLRY $7 call	Mar 19, 2027	158d	$0.11	81.4%	581
TLRY $4 call	Oct 30, 2026	18d	$0.04	62.5%	529

See all active TLRY contracts →

Explore TLRY Options Statistics

TLRY Implied Volatility

85.5% ATM IV (30d)

An IV rank of 17 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

TLRY Open Interest

0.28 put/call OI ratio

141,765 calls and 39,603 puts outstanding across all expirations.

Full open interest analysis →

TLRY Max Pain

$4.5 max pain

34.1% above the last close — see how max pain has moved over the past year.

Full max pain analysis →

TLRY Gamma Exposure

$11.95M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

TLRY Options Volume

11,164 contracts traded

Put/call volume ratio 0.24 — plus contracts running far above their usual volume.

Full volume & flow analysis →

TLRY Most Active Options

$3.5 top volume strike

The 25 most actively traded TLRY contracts with price, IV, greeks, and volume vs. average.

Full active contracts analysis →

Upcoming Earnings

TLRY's next expected earnings date is Feb 18, 2027. Options currently price a ±$0.85 (±25.3%) move for the front expiration.

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TLRY Options FAQ

When is TLRY's next earnings date?

TLRY's next expected earnings date is Feb 18, 2027. Options currently price a ±$0.85 (±25.3%) move for the front expiration.

How often is TLRY options data on this page updated?

All TLRY statistics on this page are computed by OptiView from delayed OPRA options data and refresh every trading day after the session close.

Where can I see TLRY max pain, open interest, and implied volatility in detail?

OptiView publishes dedicated TLRY pages for implied volatility, max pain, open interest, gamma exposure, options volume, and the most active contracts — each with charts, history, and a plain-English explanation of what the numbers mean.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.