Mixed options sentiment in Eli Lilly (LLY), with shares up $1.31, or 0.17%, near $761.44. Options volume roughly in line with average with 50k contracts traded and calls leading puts for a put/call ratio of 0.9, compared to a typical level near 0.73. Implied volatility (IV30) dropped 0.36 near 28.71,in the bottom quartile of the past year, suggesting an expected daily move of $13.77. Put-call skew flattened, suggesting a modestly bullish tone, following a downgrade to Hold at Berenberg.
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