Some rich people are betting that the price of a medicine company's stock will go down. They are using something called options to make this bet. We can learn about what they are doing and how the company is doing by looking at the numbers and news about the company. Read from source...
- He says that market whales are betting on LLY options, but he doesn't specify which options, and the title implies that it's about puts, while the article is about both calls and puts
- He says that 15 unusual trades were detected, but he doesn't define what constitutes an unusual trade, and he doesn't provide any context or comparison to normal trading volumes and open interest
- He says that 33% of traders were bearish, but he doesn't define his sample size or how he measured trader sentiment
- He says that the major market movers are focusing on a price band between $430.0 and $980.0, but he doesn't explain how he arrived at this range or why it's relevant
- He says that the options history for Eli Lilly and Co revealed some insights, but he doesn't specify what those insights are or how they can be used for investment decisions
- He says that the current position of Eli Lilly and Co is up 0.45% at $869.85, but he doesn't provide any context or explanation for this movement
- He says that analyst ratings are mixed, but he doesn't explain why or how they are mixed, and he doesn't provide any evidence or reasoning for their conclusions
- He ends with a pitch for Benzinga Pro, but he doesn't explain how it can help readers with their options trading or what kind of information it provides