Bullish option flow detected in Eli Lilly with 32,747 calls trading, 7x expected, and implied vol increasing almost 2 points to 33.92%. Aug-24 900 calls and 8/9 weekly 900 calls are the most active options, with total volume in those strikes near 8,700 contracts. The Put/Call Ratio is 0.28. Earnings are expected on October 30th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LLY:
- Early notable gainers among liquid option names on August 8th
- Unusually active option classes on open August 8th
- Morning Movers: Eli Lilly and Under Armor jump following earnings beats
- LLY Earnings: Eli Lilly Reports Impressive Q2 Results; Huge Revenue Increase
- Options Volatility and Implied Earnings Moves Today, August 08, 2024
Questions or Comments about the article? Write to editor@tipranks.com