Tilray Brands, Inc. (TLRY) Most Active Options

The 25 most actively traded Tilray Brands, Inc. (TLRY) option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$4.76
52-week range
$3.89 – $20.85
ATM IV (30d)
179.6%
IV rank
45 / 100
Moderate
Expected move
±$2.53 (±53.2%)
Put/call OI
0.13
Call-heavy
Max pain
$0.5
↓ 89.5% below close
Next earnings
Sep 10, 2026

Most Active TLRY Contracts

ContractExpirationDTELastIV IV rank (30d)DeltaOpen interestVolumevs 30d avg
TLRY $5 call Aug 28, 2026 4d $0.06 72.0% 12 0.23 2,272 1,868 1.1× avg
TLRY $4.5 put Aug 28, 2026 4d $0.04 57.2% 0 -0.21 324 1,797 4.8× avg
TLRY $5.5 call Aug 28, 2026 4d $0.02 5 813 1,218 14.0× avg
TLRY $5 call Sep 18, 2026 25d $0.23 8,437 560
TLRY $3.5 call Aug 28, 2026 4d $1.15 206.1% 41 0.93 472 483 34.7× avg
TLRY $4.5 put Sep 4, 2026 11d $0.10 59.1% 0 -0.31 139 391 7.5× avg
TLRY $5 call Sep 4, 2026 11d $0.13 0.0% 0 1.00 989 382 1.3× avg
TLRY $7 call Sep 18, 2026 25d $0.03 4,416 295
TLRY $4 put Aug 28, 2026 4d $0.01 97.2% 16 -0.05 629 215 3.6× avg
TLRY $4.5 call Aug 28, 2026 4d $0.29 107.8% 61 0.68 392 129 2.1× avg
TLRY $5.5 call Oct 16, 2026 53d $0.32 81.7% 18 0.37 42 126 1.0× avg
TLRY $5.5 call Sep 11, 2026 18d $0.07 0.0% 0 1.00 51 92 1.1× avg
TLRY $8 call Sep 18, 2026 25d $0.02 6,679 88
TLRY $5.5 call Sep 18, 2026 25d $0.12 1,058 64
TLRY $0.5 call Jan 15, 2027 144d $0.10 0.0% 0 1.00 27,214 62 5.3× avg
TLRY $6.5 call Oct 2, 2026 39d $0.09 0 61
TLRY $6 call Dec 18, 2026 116d $0.40 1,712 60
TLRY $5 call Jan 15, 2027 144d $0.81 4,110 60
TLRY $5 call Sep 11, 2026 18d $0.15 57.1% 45 0.35 350 58 0.7× avg
TLRY $7 call Dec 18, 2026 116d $0.30 4,144 46
TLRY $6 call Aug 28, 2026 4d $0.01 946 43
TLRY $5 put Aug 28, 2026 4d $0.27 0.0% 0 -1.00 169 43 0.8× avg
TLRY $5.5 put Aug 28, 2026 4d $0.76 500.0% 100 0.00 72 42 2.3× avg
TLRY $0.5 call Jan 21, 2028 515d $0.18 0.0% 0 1.00 7,044 42 3.6× avg
TLRY $10 call Sep 18, 2026 25d $0.01 3,124 41

Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.

The most active TLRY contract today is the $5 call expiring in 4 days, with 1,868 contracts traded. Calls dominate the most-active list (20 of the top 25), showing where trading interest concentrates. 2 of these contracts are running well ahead of the usual daily volume.

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TLRY Options FAQ

Which TLRY option contract is most active today?

The most traded TLRY contract is the $5 call expiring Aug 28, 2026, with 1,868 contracts traded as of Aug 24, 2026.

How does OptiView rank the most active TLRY options?

The table lists the 25 TLRY contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.

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.