比特币骗子勿扰 : How can you tell?

rennymc : It’s going to drop below $1 before it goes up

rennymc : It’s a Canadian company

Stock_Drift OP : $Tilray Brands (TLRY.US)$

Growth Investor27 : TLRY beer part of it's buisness is worth $2.70 a share alone

BelleWeather OP Growth Investor27 : Agreed, the company is undervalued by many metrics. I think shares are absolutely reasonable, given valuation, cash position, catalysts and etc. But I bought calls with very high IV premium,, which I find fun, but can’t recommend.

rennymc BelleWeather OP : I don’t trade options. Can you please explain what “buying calls with very high IV premium” means? Thanks!

BelleWeather OP rennymc : Long calls are options contracts that give the buyer the right to buy shares (usually 100 of them,) at a certain price, called the strike, by a certain date, called the expiry. The cost is called the premium, and in part it depends on how much the price is expected to move, or the volatility. When unknowns become known, this volatility drops, along with the premium, unless the share price makes an unexpectedly large move. So, I overpaid, basically, but am hoping the change in share price makes up for it.

rennymc BelleWeather OP : Thank you for explaining. I still don’t understand options for the life of me! I can’t get it through my head so I stay away from them. I’ve bought $1 options about five times and lost the money so stopped because options clearly aren’t my thing lol!