Tilray Brands, Inc.
Long

$TLRY Possible Bullish Spinning Top - LEAP Options Activity

422
TLRY Possible bullish spinning top candle today (LOD exactly $70.00 support level), will look for confirmation with green candle tomorrow. Positive sign - selling has been decelerating over last two days. See chart for near and medium term targets.

Also of note - some bullish unusual LEAP options activity today with about 3k 2021 (two years out) calls at three different strike prices (majority OTM) traded with very high per contract premiums for a total combined outlay of over $5M.




Note: Informational analysis, not investment advice.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.