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0 0 0 0 -0.00171811230473335 0.00143078294319091 0.00247748276023825 -0.00172397616925462
Stock impact report

Eli Lilly Stock Could Rise Sharply After Earnings [Seeking Alpha]

Eli Lilly and Company (LLY) 
Last eli lilly and company earnings: 4/23 06:25 am Check Earnings Report
US:NYSE Investor Relations: investor.lilly.com
Company Research Source: Seeking Alpha
Options market positioning is extremely bearish with high implied volatility, but this may set up a bullish reversal post-earnings due to premium decay. Implied volatility is expected to drop sharply after earnings, potentially forcing market makers and put holders to unwind bearish positions, adding upward pressure to LLY shares. Support levels are visible for LLY stock around $850 and $825, with technicals and options positioning suggesting limited downside unless earnings are shockingly poor. Looking for a helping hand in the market? Members of Reading The Markets get exclusive ideas and guidance to navigate any climate. Learn More » JHVEPhoto/iStock Editorial via Getty Images Eli Lilly and Company ( LLY ) has seen its stock fall by more than 20% since peaking in mid-January and has not even participated in the latest stock market rally. That may be about to change, at More on my IG service Reading The Markets delivers daily, institutional-style updates with written Show less Read more
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