57.75Open40.91Pre Close14 Volume275 Open Interest825.00Strike Price96.19KTurnover3661.35%IV0.06%PremiumNov 15, 2024Expiry Date78.80Intrinsic Value100Multiplier0DDays to Expiry0.43Extrinsic Value100Contract SizeAmericanOptions Type-0.9449Delta0.0024Gamma9.37Leverage Ratio-2374.7971Theta0.0000Rho-8.86Eff Leverage0.0014Vega
Eli Lilly and Co Stock Discussion
Smart toilet, AI platform among tech in use at drugmaker Eli Lilly’s new $42m hub in S’pore
LLY closed at 746.20 just below 746.51, the support line. It is such a small difference that it could be just AI cleaning up the stop-loss. We need follow through next week for confirmation. Double top, broke support 2 out 3 items checked off already for a breakdown.
Watch for 716, below that there would be no question that it is a breakdown. I wouldn't be surprised that Monday morning we will be gapping down.
1. DOGE - will review policies of govt regulations on procurement esp big ticket items i.e. healthcare (drug), insurance, defence etc
2. Dept of Healthcare - will endorse DOGE recommendation and even tighten further to save billions on govt drug spending!
3. Stiff competitions from many small startups (leveraging AI on new drug diac...
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