Eli Lilly Unusual Options Activity For September 25
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Eli Lilly (NYSE:LLY), with a bullish stance taken by a majority of investors. The trades range from $250.0 to $600.0, with 52% of investors opening trades with bullish expectations and 47% with bearish. The price of LLY is currently down -0.08% at $550.09. Analysts from Cantor Fitzgerald, Argus Research, and Morgan Stanley have given price targets of $630, $620, and $640 respectively.
September 25, 2023 | 5:31 pm
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Eli Lilly has seen unusual options activity, with a bullish stance taken by a majority of investors. The price of LLY is currently down -0.08% at $550.09. Analysts have given price targets ranging from $620 to $640.
The bullish stance taken by a majority of investors in the options market indicates a positive sentiment towards Eli Lilly. This, combined with the price targets given by analysts, suggests a potential increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100