Eli Lilly and Company
Long
Updated

LLY Eli Lilly Options Ahead of Earnings

880
If you haven`t bought the 6.20X call:
LLY Eli Lilly Options Ahead of Earnings

nor the 4.10X gain:
LLY Eli Lilly  Options Ahead of Earnings


Then analyzing the options chain and the chart patterns of LLY Eli Lilly prior to the earnings report this week,
I would consider purchasing the 860usd strike price Calls with
an expiration date of 2024-7-19,
for a premium of approximately $9.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.



Trade closed: target reached
LLY traded at $891.97 last Friday, with the calls rising from $9.20 (when I wrote this article) to $41.80 at market close, achieving an impressive 4.54X gain! Congratulations to everyone who bought the calls once again!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.