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Eli Lilly call volume above normal and directionally bullish
The Fly

Eli Lilly call volume above normal and directionally bullish

Bullish option flow detected in Eli Lilly (LLY) with 44,692 calls trading, 3x expected, and implied vol increasing over 1 point to 29.25%. 11/8 weekly 820 calls and 11/8 weekly 830 calls are the most active options, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 0.40. Earnings are expected on February 4th.

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