Unpacking the Latest Options Trading Trends in Eli Lilly and Co
Portfolio Pulse from Benzinga Insights
Recent options trading trends for Eli Lilly and Co (NYSE:LLY) show a bearish sentiment despite some bullish activity. Analysis of 19 unusual trades revealed 42% bullish and 57% bearish tendencies, with significant trades in both puts and calls. The price target window is between $370.0 and $1180.0. Current stock price is up by 0.97% at $741.5, with neutral RSI values. Analyst ratings over the past month suggest an average target price of $880.0, with varying recommendations from Buy to Hold.

March 12, 2024 | 2:01 pm
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Eli Lilly's options trading indicates a bearish sentiment with a significant range in price targets. The stock's current uptick and neutral RSI suggest stability, while analyst ratings provide a positive outlook with an average target price of $880.
The bearish sentiment in options trading is counterbalanced by the stock's current performance and positive analyst ratings. The wide price target range in options trading suggests volatility, but the stock's recent uptick and analysts' optimistic targets indicate potential for short-term growth.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100