Eli Lilly and Co's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Eli Lilly and Co (NYSE:LLY) has seen significant options trading activity, with a bullish stance from major investors. Out of 22 trades, 19 were calls and 3 were puts, indicating a positive outlook. The projected price targets range from $450 to $1000. The stock is currently trading at $827.04, up by 0.82%, with a neutral RSI. An analyst from Argus Research maintains a Buy rating with a target price of $840.

June 03, 2024 | 2:01 pm
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Eli Lilly and Co has seen a bullish stance from major investors in options trading, with 19 calls and 3 puts. The stock is currently trading at $827.04, up by 0.82%. An analyst from Argus Research maintains a Buy rating with a target price of $840.
The significant bullish options activity, combined with a positive analyst rating and a slight increase in stock price, suggests a positive short-term outlook for Eli Lilly and Co.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100