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Eli Lilly call volume above normal and directionally bullish

Bullish option flow detected in Eli Lilly with 5,485 calls trading, 1.4x expected, and implied vol increasing over 3 points to 28.15%. 7/5 weekly 910 calls and 7/5 weekly 905 calls are the most active options, with total volume in those strikes near 950 contracts. The Put/Call Ratio is 0.56. Earnings are expected on August 8th.

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