3000/4000 LLY Sep 11 Weekly 81 calls/Sep 81.5 calls went up in 2 blocks on the PHLX
Shares of Eli Lilly and Co. (LLY) are up .42 to 81.26 today.? LLY is near the middle of the 52 week range.
- Paper traded 3000/4000 LLY Sep 11 Weekly 81 calls/Sep 81.5 for .38 and 1.45. ??
- The ADV is 7343 contracts.? ?
- The OI is 80000 and 90000 contracts.
The volume went up in 2 blocks on the PHLX.? This customer looks like they are trying to put on a pin play with expiration today.? They are using the extra contracts in the Sep 81.5s as a hedge.
- IV 30 is trading for 28%.?
- HV10 is trading for 35%.?
- IV 30 is above the HV 10.
Eli Lilly and Company (Lilly) is engaged in drug manufacturing business. The Company discovers, develops, manufactures and market products in two segments: human pharmaceutical products and animal health products.