TopgOptions

LLY Eli Lilly Options Ahead of Earnings

Long
TopgOptions Updated   
BATS:LLY   Eli Lilly and Company
If you haven`t bought the 6.20X call:
nor the 4.10X gain:

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!

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