Behind the Scenes of Eli Lilly's Latest Options Trends

Deep-pocketed investors have adopted a bearish 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 29% leaning bullish and 60% bearish. Among these notable options, 22 are puts, totaling $2,089,300, and 19 are calls, amounting to $830,558.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $500.0 to $1220.0 for Eli Lilly during the past quarter.

Volume & Open Interest Trends

In today’s trading context, the average open interest for options of Eli Lilly stands at 313.46, with a total volume reaching 493.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Eli Lilly, situated within the strike price corridor from $500.0 to $1220.0, throughout the last 30 days.

Eli Lilly Option Volume And Open Interest Over 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 BEARISH 05/16/25 $91.4 $87.9 $90.6 $790.00 $724.8K 342 80
LLY PUT TRADE BEARISH 01/16/26 $81.3 $79.25 $81.3 $700.00 $162.6K 1.1K 0
LLY PUT TRADE BEARISH 01/16/26 $91.25 $88.7 $91.25 $720.00 $146.0K 346 19
LLY PUT TRADE BEARISH 01/16/26 $86.55 $85.3 $86.55 $710.00 $138.4K 194 16
LLY CALL TRADE BULLISH 12/19/25 $105.9 $104.85 $105.9 $730.00 $105.9K 100 12

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.

In light of the recent options history for Eli Lilly, it’s now appropriate to focus on the company itself. We aim to explore its current performance.

Eli Lilly’s Current Market Status

  • Currently trading with a volume of 624,788, the LLY’s price is down by -3.76%, now at $725.34.
  • RSI readings suggest the stock is currently may be approaching oversold.
  • Anticipated earnings release is in 21 days.

Expert Opinions on Eli Lilly

In the last month, 2 experts released ratings on this stock with an average target price of $1006.0.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge’s Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
* Showing optimism, an analyst from Goldman Sachs upgrades its rating to Buy with a revised price target of $888.
* An analyst from Morgan Stanley persists with their Overweight rating on Eli Lilly, maintaining a target price of $1124.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Eli Lilly options trades with real-time alerts from Benzinga Pro.

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