Decoding Eli Lilly's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Eli Lilly has seen significant options activity, with a bullish sentiment from large investors. The options trades suggest a price range of $500 to $1260. Analysts have mixed ratings, with price targets ranging from $1025 to $1100. The stock is currently neutral with a slight decline.
October 23, 2024 | 2:16 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Eli Lilly's options activity shows a bullish trend with significant investments in calls. Analysts have mixed ratings, with price targets between $1025 and $1100. The stock is currently neutral, slightly down by 0.58%.
The options activity indicates a bullish sentiment with more calls than puts, suggesting investors expect the stock to rise. Analysts' price targets are above the current price, supporting a positive outlook. The stock's neutral RSI and slight decline are less impactful given the bullish options sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100