TLRY
Tilray Brands, Inc. Common Stock
stock NASDAQ

TLRY about to be the next OPEN

TLRY has been trading flat for like my entire life

>If you're looking to re-enter your TLRY position, for example, you could use puts to target an attractive, discounted entry."
You can make income doing this, but getting assigned generally means the stock has dropped and you're taking a loss. For example, last summer I sold some $9 MSOS puts when we were above $10. I think my premium was $0.74. We dipped and I got assigned with an avg price of $8.26. That seemed like an attractive entry when i sold the puts, but I'm still holding the bag on those shares.
If you're thesis is that a stock will go up, you're better off just buying the shares. Selling options works best when you expect volatility to decrease (price to stay flat).

The only reason I am paying any attention to MSOS today is to see if it closes under 5 dollars. If so, I am one step closer to believing there is something afoot and will be looking into how to deal in options. Thanks kbarbs for your note, I just may take you up on your offer to help as it pertains to your words below:
"Most people think of options as buying calls, naked shorts, etc. Those are all the degenerate gambler uses of contract trading. Don't get me wrong, they have their place. But they are not what banana was recommending.
I also recommend starting with covered calls. Near term and otm. You take that action as a protective move instead of fully exiting as you did last week.
On top of that, consider using cash secured puts instead of an immediate purchase. If you're looking to re-enter your TLRY position, for example, you could use puts to target an attractive, discounted entry."

TLRY went green

I was told this was a “generational” buying opportunity on TLRY. So far it’s been generational losses on my 1/16 calls

I’d be happy with $10 TLRY tbh lol

TLRY 🚀 https://www.foxnews.com/media/dialing-down-dope-trump-white-house-moves-toward-easing-restrictions-marijuana

Thank god I put all my money in safe financially sound business like TLRY

what a great day it was for me yesterday to buy Goldman and TLRY shares at the open :(

TLRY will make me a millionaire if this happens before Jan

TLRY about to be the next OPEN

TLRY has been trading flat for like my entire life

>If you're looking to re-enter your TLRY position, for example, you could use puts to target an attractive, discounted entry."
You can make income doing this, but getting assigned generally means the stock has dropped and you're taking a loss. For example, last summer I sold some $9 MSOS puts when we were above $10. I think my premium was $0.74. We dipped and I got assigned with an avg price of $8.26. That seemed like an attractive entry when i sold the puts, but I'm still holding the bag on those shares.
If you're thesis is that a stock will go up, you're better off just buying the shares. Selling options works best when you expect volatility to decrease (price to stay flat).

The only reason I am paying any attention to MSOS today is to see if it closes under 5 dollars. If so, I am one step closer to believing there is something afoot and will be looking into how to deal in options. Thanks kbarbs for your note, I just may take you up on your offer to help as it pertains to your words below:
"Most people think of options as buying calls, naked shorts, etc. Those are all the degenerate gambler uses of contract trading. Don't get me wrong, they have their place. But they are not what banana was recommending.
I also recommend starting with covered calls. Near term and otm. You take that action as a protective move instead of fully exiting as you did last week.
On top of that, consider using cash secured puts instead of an immediate purchase. If you're looking to re-enter your TLRY position, for example, you could use puts to target an attractive, discounted entry."

TLRY went green

I was told this was a “generational” buying opportunity on TLRY. So far it’s been generational losses on my 1/16 calls

I’d be happy with $10 TLRY tbh lol

TLRY 🚀 https://www.foxnews.com/media/dialing-down-dope-trump-white-house-moves-toward-easing-restrictions-marijuana

Thank god I put all my money in safe financially sound business like TLRY