Tilray Brands (TLRY) Options Chain

NASDAQ: TLRYHealth Care Medicinal Chemicals and Botanical Products USD

3.54-0.05 (-1.39%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Mar 19, 2027
Days to expiration: 159
Share price: $3.54
Put/call ratio (OI): 0.17
Put/call ratio (volume): 0.18
ATM implied volatility: 71.6%
Expected move: ±$1.67
Open interest (C / P): 5.29K / 881

TLRY options summary

The TLRY options chain for the March 19, 2027 expiration lists 15 call and 11 put contracts, with 159 days until expiration. Open interest stands at 5,285 calls and 881 puts, a put/call ratio of 0.17, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $3.50 strike is 71.6%, which implies the market expects a move of about ±$1.67 (47.2%) in Tilray Brands stock by expiration.

The most open interest sits at the $7.00 call (1.21K contracts) and the $4.50 put (266 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

TLRY options chain · March 19, 2027

TLRY calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
2	1	209.4%	3.01	2.69	3.50	0.50	—	—	—	—	—	—
4	1	321.9%	3.80	2.01	3.05	1.00	—	—	—	—	—	—
47	58	104.7%	2.10	1.75	2.49	1.50	—	—	—	—	—	—
121	20	87.9%	1.60	1.30	2.04	2.00	0.07	0.11	0.10	77.7%	5	4
578	10	82.0%	1.40	0.93	1.65	2.50	0.00	0.24	0.22	59.4%	8	6
972	10	83.2%	1.10	0.75	1.27	3.00	0.25	0.47	0.42	69.1%	17	134
538	131	76.0%	0.64	0.60	0.84	3.50	0.42	0.78	0.70	67.2%	2	60
TLRY $3.54
147	3	84.0%	0.47	0.40	0.83	4.00	0.80	1.09	0.88	70.1%	4	185
336	5	66.6%	0.43	0.21	0.43	4.50	1.17	1.64	1.37	80.3%	6	266
345	2	65.8%	0.30	0.05	0.39	5.00	1.61	1.95	1.58	77.9%	1	55
180	3	74.2%	0.30	0.15	0.28	5.50	—	—	—	—	—	—
564	12	77.2%	0.18	0.15	0.21	6.00	2.26	3.25	2.23	92.6%	6	23
1,214	162	75.0%	0.13	0.06	0.13	7.00	3.30	3.75	3.24	68.8%	6	118
56	12	89.1%	0.10	0.04	0.19	8.00	4.05	4.90	4.00	60.2%	23	30
181	4	107.4%	0.15	0.00	0.34	9.00	0.00	0.00	4.55	—	—	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the TLRY put/call ratio?

For the March 19, 2027 expiration, the TLRY put/call ratio based on open interest is 0.17 (881 puts vs 5,285 calls), and 0.18 based on today's volume. A ratio above 1 means more puts than calls.

What is TLRY's implied volatility?

At-the-money implied volatility for TLRY options expiring March 19, 2027 is about 71.6%, an annualized estimate of how much the market expects Tilray Brands stock to move.

How many TLRY option expiration dates are there?

TLRY has 11 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.