Eli Lilly Unusual Options Activity For August 15
Portfolio Pulse from Benzinga Insights
High-rolling investors have shown unusual options activity for Eli Lilly (NYSE:LLY), with a majority displaying bearish sentiment. This significant move suggests potential insider information. The stock is currently trading at $924.0, down by 0.69%, and experts have mixed ratings with an average target price of $1017.0.
August 15, 2024 | 2:17 pm
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Eli Lilly has seen unusual options activity with a majority of high-rolling investors showing bearish sentiment. The stock is currently trading at $924.0, down by 0.69%. Analysts have mixed ratings with an average target price of $1017.0.
The unusual options activity with a majority of bearish sentiment suggests that high-rolling investors may have insider information, potentially leading to a short-term decline in the stock price. The mixed analyst ratings add to the uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100