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Options Corner: Eli Lilly and Co Sees Options Frenzy. What You Need to Know

Benzinga ·  Apr 17 15:16

Whales with a lot of money to spend have taken a noticeably bearish stance on $Eli Lilly and Co (LLY.US)$

Looking at options history for Eli Lilly and Co. we detected 87 trades.

If we consider the specifics of each trade, it is accurate to state that 47% of the investors opened trades with bullish expectations and 52% with bearish.

From the overall spotted trades, 28 are puts, for a total amount of $1,641,414 and 59, calls, for a total amount of $4,535,080.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $300.0 and $1180.0 for Eli Lilly and Co, spanning the last three months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Eli Lilly and Co's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Eli Lilly and Co's whale activity within a strike price range from $300.0 to $1180.0 in the last 30 days.

Eli Lilly and Co Call and Put Volume: 30-Day Overview

Significant Options Trades Detected:

Symbol

PUT/CALL

Trade Type

Sentiment

Exp. Date

Ask

Bid

Price

Strike Price

Total Trade Price

Open Interest

Volume

LLY

PUT

TRADE

BEARISH

06/20/25

$69.95

$61.05

$69.9

$700.00

$209.7K

8

0

LLY

PUT

TRADE

BULLISH

06/20/25

$68.5

$62.25

$63.75

$700.00

$191.2K

8

30

LLY

PUT

SWEEP

BEARISH

04/19/24

$23.25

$22.65

$23.25

$770.00

$88.3K

1.0K

391

LLY

CALL

TRADE

BULLISH

01/17/25

$41.0

$40.45

$41.0

$900.00

$82.0K

1.4K

206

LLY

PUT

TRADE

NEUTRAL

04/19/24

$24.15

$22.55

$23.35

$770.00

$81.7K

1.0K

356

About Eli Lilly and Co

Eli Lilly is a drug firm with a focus on neuroscience, cardiometabolic, cancer, and immunology. Lilly's key products include Verzenio for cancer; Mounjaro, Zepbound, Jardiance, Trulicity, Humalog, and Humulin for diabetes; and Taltz and Olumiant for immunology.

Current Position of Eli Lilly and Co

  • With a trading volume of 2,149,032, the price of LLY is up by 0.15%, reaching $747.87.

  • Current RSI values indicate that the stock is may be approaching oversold.

  • Next earnings report is scheduled for 13 days from now.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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