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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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