Mixed options sentiment in Eli Lilly (LLY), with shares up $1.13, or 0.15%, near $736.32. Options volume relatively light with 5318 contracts traded and calls leading puts for a put/call ratio of 0.96, compared to a typical level near 0.73. Implied volatility (IV30) dropped 0.57 near 27.12,in the lowest 10% of observations over the past year, suggesting an expected daily move of $12.58. Put-call skew flattened, suggesting a modestly bullish tone.
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