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Eli Lilly and Company
Long
Nov 11, 2021
$LLY Bullish Pennant, Unusual Options Activity
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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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