Eli Lilly Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Eli Lilly (NYSE:LLY) has seen unusual options activity, with a significant amount of bearish sentiment among big-money traders. The options trades include 6 puts and 24 calls, with a total trade value of over $1.4 million. Analysts have mixed ratings on the stock, with price targets ranging from $885 to $1033. The stock is currently down 1.13% at $919.01, and RSI indicators suggest it may be overbought.
October 15, 2024 | 2:16 pm
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Eli Lilly has experienced unusual options activity with a bearish sentiment from big-money traders. Analysts have mixed ratings, and the stock is currently down 1.13%.
The unusual options activity, particularly the bearish sentiment, suggests that investors expect a potential decline in Eli Lilly's stock price. The mixed analyst ratings and the current stock price decrease further support this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100