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

Tilray Brands, Inc. (TLRY) options trade at a 30-day at-the-money implied volatility of 91.5%, an IV rank of 12 out of 100 over the past year. The options market prices a ±$0.97 (±22.0%) move in TLRY for the front expiration. Max pain sits at $1 and the put/call open interest ratio is 0.22. Statistics are computed by OptiView from delayed OPRA options data and refresh every trading day.

Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close

$4.43

52-week range

$0.57 – $13.92

ATM IV (30d)

91.5%

IV rank

12 / 100

Low

Expected move

±$0.97 (±22.0%)

Put/call OI

0.22

Call-heavy

Max pain

↓ 77.4% below close

Next earnings

Sep 10, 2026

Most Active TLRY Contracts

Contract	Expiration	DTE	Last	IV	Volume
TLRY $5 call	Jul 31, 2026	21d	$0.21	93.9%	1,002
TLRY $4.5 call	Jul 17, 2026	7d	$0.14	73.0%	687
TLRY $5 call	Jul 17, 2026	7d	$0.04	78.2%	269
TLRY $4.5 put	Jul 17, 2026	7d	$0.30	78.5%	163
TLRY $4 call	Jan 15, 2027	189d	$1.13	73.8%	103

See all active TLRY contracts →

Explore TLRY Options Statistics

TLRY Implied Volatility

91.5% ATM IV (30d)

An IV rank of 12 places implied volatility in the lower part of its 52-week range.

Full implied volatility analysis →

TLRY Open Interest

0.22 put/call OI ratio

417,898 calls and 90,381 puts outstanding across all expirations.

Full open interest analysis →

TLRY Max Pain

$1 max pain

77.4% below the last close — see how max pain has moved over the past year.

Full max pain analysis →

TLRY Gamma Exposure

$42.39M net GEX

Positive dealer gamma — hedging currently leans against price swings.

Full gamma exposure analysis →

TLRY Options Volume

5,137 contracts traded

Put/call volume ratio 0.21 — plus contracts running far above their usual volume.

Full volume & flow analysis →

TLRY Most Active Options

$4.5 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 Sep 10, 2026. Options currently price a ±$0.97 (±22.0%) 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 Sep 10, 2026. Options currently price a ±$0.97 (±22.0%) 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.