Unpacking the Latest Options Trading Trends in Eli Lilly and Co
Portfolio Pulse from Benzinga Insights
Recent options trading trends indicate a bullish stance on Eli Lilly and Co (NYSE:LLY) by big-money investors. Benzinga's options scanner detected 179 uncommon options trades, with 149 calls and 30 puts. The sentiment is split with 43% bullish and 29% bearish. Analysts maintain a Buy rating with target prices ranging from $840 to $957.
June 10, 2024 | 8:01 pm
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Big-money investors have taken a bullish stance on Eli Lilly and Co (NYSE:LLY) with 179 uncommon options trades detected. The sentiment is split with 43% bullish and 29% bearish. Analysts maintain Buy ratings with target prices ranging from $840 to $957.
The detection of 179 uncommon options trades, predominantly calls, indicates a bullish sentiment among big-money investors. Analysts' Buy ratings and high target prices further support a positive short-term outlook for LLY.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100