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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 with 5,485 calls trading, 1.4x expected, and implied vol increasing over 3 points to 28.15%. 7/5 weekly 910 calls and 7/5 weekly 905 calls are the most active options, with total volume in those strikes near 950 contracts. The Put/Call Ratio is 0.56. Earnings are expected on August 8th.

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