Triple_Barrel_Capital

$LLY Bullish Pennant, Unusual Options Activity

Long
NYSE:LLY   Eli Lilly and Company
$LLY Bullish Pennant, Unusual Options Activity

$360M of January'22 deep in-the-money calls bought today (8-9x open interest)

On watch for a daily close outside the pennant (topside).



Near term target: $300-$310 range possible by early December


Note: This is NOT investment advice.

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