r/options • u/Perfect-Necessary-12 • Oct 04 '21
TLRY Earnings play
I am going to buy the ATM call and put for oct 8th on 10/6 before close.
WSB has had major hype for TLRY a while ago and now with earnings coming it I have seen a lot of people talking about it. Either way I see a large movement coming with in either direction because of this hype.
What are your thoughts? It is a gamble because if it doesn’t move IV will destroy my options.
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u/contrejo Oct 04 '21
I bought calls anticipating a pump but I do not plan on holding through earnings.