Some big people with lots of money are saying they want to sell a lot of shares of Eli Lilly, a big company that makes medicines. Usually, when big people with lots of money want to sell a lot of shares, the stock price goes down. This means the big people might know something that will make Eli Lilly's stock price go down.
So, if you own Eli Lilly stock, you might want to think about selling it, or at least be prepared for the stock price to go down.
But, don't worry, if the big people with lots of money are wrong, and Eli Lilly does really well, the stock price might go up, and you could make some money. But, always remember to only invest money that you can afford to lose, and never invest more money than you are willing to lose.
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Estimates go back to September 2022 (end of quarter), when options were used to generate taxable gains. Estimates then go to December 2022, then Jan 2023 and onwards. Based on this, it's not a fair analysis to judge the performance of these options trades over a one year period, as they have only been active for about 7 months. The best way to evaluate the performance of these trades would be over a period of at least a year, from the beginning of the trading strategy in September 2022. Additionally, the argument that using options is a scam because it's a way for traders to manipulate the market is incorrect. Options trading is a legitimate and regulated form of trading that is used by many institutional and retail traders to hedge their positions, speculate on market movements, or generate income through option premiums. Lastly, while it's true that options trades are often placed by institutional investors, there is no reason to believe that retail traders are not also capable of making profitable options trades. As with any trading strategy, options trading requires knowledge, skill, and discipline to be successful, but it is not inherently fraudulent or manipulative.
Bearish (mostly negative or pessimistic in sentiment or tone)
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