Smart Money Is Betting Big In LLY Options
Portfolio Pulse from Benzinga Insights
Financial giants are making bearish moves on Eli Lilly (NYSE:LLY) through options trading, with 52% of trades showing bearish tendencies. Analysts have mixed ratings, with price targets ranging from $885 to $1106. The stock is currently trading at $906.0.
September 09, 2024 | 2:15 pm
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Eli Lilly is experiencing significant bearish options activity, with 52% of trades showing bearish sentiment. Analysts have mixed ratings, with price targets ranging from $885 to $1106. The stock is currently trading at $906.0.
The article highlights a significant bearish sentiment in options trading for Eli Lilly, with 52% of trades being bearish. This suggests a potential short-term downward pressure on the stock price. Additionally, mixed analyst ratings with a range of price targets indicate uncertainty in the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100