Eli Lilly Unusual Options Activity For September 05
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Eli Lilly (NYSE:LLY), with a bearish stance taken by a large investor. The options scanner at Benzinga spotted 14 uncommon trades, with a sentiment split of 35% bullish and 64% bearish. The whales have been targeting a price range from $250.0 to $600.0 for Eli Lilly over the last 3 months. Current price of LLY is $560.93, up 0.69%. Analysts from Goldman Sachs, Credit Suisse, Wells Fargo, and Cantor Fitzgerald have maintained their ratings on Eli Lilly, with price targets ranging from $470 to $630.
September 05, 2023 | 2:46 pm
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NEUTRAL IMPACT
Unusual options activity has been observed for Eli Lilly, indicating potential volatility in the short term. Analysts have maintained their ratings, with price targets ranging from $470 to $630.
The unusual options activity indicates that large investors are expecting significant price movement, although the direction is unclear due to the split sentiment. The maintained ratings from analysts suggest a stable outlook, but the wide range of price targets indicates uncertainty.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100