Eli Lilly call volume above normal and directionally bullish
The Fly

Eli Lilly call volume above normal and directionally bullish

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.

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