Eli Lilly Unusual Options Activity

Deep-pocketed investors have adopted a bullish approach towards Eli Lilly LLY, and it’s something market players shouldn’t ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in LLY usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga’s options scanner highlighted 41 extraordinary options activities for Eli Lilly. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 46% leaning bullish and 26% bearish. Among these notable options, 27 are puts, totaling $1,787,322, and 14 are calls, amounting to $807,770.

Expected Price Movements

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $520.0 to $950.0 for Eli Lilly over the last 3 months.

Insights into Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Eli Lilly options trades today is 358.06 with a total volume of 1,100.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Eli Lilly’s big money trades within a strike price range of $520.0 to $950.0 over the last 30 days.

Eli Lilly Option Activity Analysis: Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
LLY	PUT	TRADE	NEUTRAL	01/16/26	$57.7	$52.75	$55.5	$650.00	$416.2K	153	77
LLY	CALL	TRADE	BULLISH	07/18/25	$44.15	$41.2	$43.0	$850.00	$129.0K	0	20
LLY	PUT	SWEEP	BULLISH	04/17/25	$59.5	$57.1	$57.1	$720.00	$119.9K	211	23
LLY	PUT	TRADE	NEUTRAL	02/21/25	$233.5	$226.4	$229.83	$950.00	$114.9K	66	0
LLY	PUT	SWEEP	BEARISH	03/21/25	$71.85	$70.2	$70.2	$750.00	$112.3K	200	19

About Eli Lilly

Eli Lilly is a drug firm with a focus on neuroscience, cardiometabolic, cancer, and immunology. Lilly’s key products include Verzenio for cancer; Mounjaro, Zepbound, Jardiance, Trulicity, Humalog, and Humulin for cardiometabolic; and Taltz and Olumiant for immunology.

Eli Lilly’s Current Market Status

With a trading volume of 1,880,416, the price of LLY is down by -0.65%, reaching $722.49.
Current RSI values indicate that the stock is may be oversold.
Next earnings report is scheduled for 77 days from now.

What The Experts Say On Eli Lilly

Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $1068.0.

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* Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for Eli Lilly, targeting a price of $975.
* An analyst from B of A Securities has decided to maintain their Buy rating on Eli Lilly, which currently sits at a price target of $1100.
* An analyst from Wolfe Research has revised its rating downward to Outperform, adjusting the price target to $1000.
* An analyst from Citigroup has decided to maintain their Buy rating on Eli Lilly, which currently sits at a price target of $1250.
* An analyst from Deutsche Bank has decided to maintain their Buy rating on Eli Lilly, which currently sits at a price target of $1015.

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