500 LLY Aug/Sep 80 put spreads went up in two blocks on the ISE
Shares of Eli Lilly and Co (LLY) are down .31 to 79.81 today. LLY is in the middle 52 week range.
- Paper traded 500 LLY Aug Sep 80 put spread .96.?
- The ADV is 7180 per day.?
- The OI is 4295 and 3037 contracts.
The volume went up in two blocks on the ISE marked spread. ?There is some open interest and either the trader is closing the long Sep/Aug 80 put spread on a near pin or rolling and selling more Sep.? Some Sep 75/80 put spreads trade but the customer there looks buying on the vertical spread.
- IV 30 is trading 15%.?
- HV10 is trading for 9%.?
- IV 30 is trading above the HV 10.
Eli Lilly and Company is engaged in drug manufacturing business. The Company discovers, develops, manufactures and markets products in two segments: human pharmaceutical products and animal health products.