LLY250417P00740000 Option on Eli Lilly

LLY Stock  USD 725.72  31.88  4.21%   
LLY250417P00740000 is a PUT option contract on Eli Lilly's common stock with a strick price of 740.0 expiring on 2025-04-17. The contract was not traded in recent days and, as of today, has 87 days remaining before the expiration. The option is currently trading at a bid price of $48.05, and an ask price of $50.0. The implied volatility as of the 20th of January is 87.0.
  
A put option written on Eli Lilly becomes more valuable as the price of Eli Lilly drops. Conversely, Eli Lilly's put option loses its value as Eli Stock rises.

Rule 16 of 2025-04-17 Option Contract

The options market is anticipating that Eli Lilly and will have an average daily up or down price movement of about 0.0193% per day over the life of the option. With Eli Lilly trading at USD 725.72, that is roughly USD 0.14. If you think that the market is fully understating Eli Lilly's daily price movement you should consider buying Eli Lilly and options at that current volatility level of 0.31%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put Option on Eli Lilly

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Eli Lilly positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Eli Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.
Put Contract NameLLY250417P00740000
Expires On2025-04-17
Days Before Expriration87
Vega0.999999
Gamma0.003669
Theoretical Value48.77
Open Interest387
Current Trading Volume60.0
Strike Price740.0
Last Traded At48.77
Current Price Spread48.05 | 50.0
Rule 16 Daily Up or DownUSD 0.14

Eli short PUT Option Greeks

Eli Lilly's Option Greeks for the contract ending on 2025-04-17 at a strike price of 740.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Eli Lilly's option greeks, its implied volatility helps estimate the risk of Eli Lilly stock implied by the prices of the options on Eli Lilly's stock.
Delta-0.50532
Gamma0.003669
Theta-0.212906
Vega0.999999
Rho-0.795799

Eli long PUT Option Payoff at expiration

Put options written on Eli Lilly grant holders of the option the right to sell a specified amount of Eli Lilly at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Eli Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Eli Lilly is like buying insurance aginst Eli Lilly's downside shift.
   Profit   
       Eli Lilly Price At Expiration  

Eli short PUT Option Payoff at expiration

By selling Eli Lilly's put option, the investors signal their bearish sentiment. A short position in a put option written on Eli Lilly will generally make money when the underlying price is above the strike price. Therefore Eli Lilly's put payoff at expiration depends on where the Eli Stock price is relative to the put option strike price. The breakeven price of 691.23 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Eli Lilly's price. Finally, at the strike price of 740.0, the payoff chart is constant and positive.
   Profit   
       Eli Lilly Price At Expiration  
View All Eli Lilly Options

Eli Lilly Available Put Options

Eli Lilly's option chain is a display of a range of information that helps investors for ways to trade options on Eli. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Eli. It also shows strike prices and maturity days for a Eli Lilly against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
 Put
LLY250417P0040000036400.00.15 - 0.80.3Out
 Put
LLY250417P004100005410.00.03 - 0.990.57Out
 Put
LLY250417P004200002420.00.0 - 1.361.15Out
 Put
LLY250417P004300004430.00.01 - 1.731.11Out
 Put
LLY250417P004400003440.00.01 - 2.70.39Out
 Put
LLY250417P004500008450.00.19 - 3.10.45Out
 Put
LLY250417P0047000037470.00.08 - 1.651.13Out
 Put
LLY250417P0048000015480.00.0 - 3.52.63Out
 Put
LLY250417P004900003490.00.03 - 2.141.32Out
 Put
LLY250417P0050000062500.01.05 - 2.121.23Out
 Put
LLY250417P00520000358520.00.88 - 2.582.47Out
 Put
LLY250417P0054000021540.02.15 - 2.652.37Out
 Put
LLY250417P0056000021560.02.61 - 3.63.29Out
 Put
LLY250417P0058000049580.04.0 - 5.954.58Out
 Put
LLY250417P00600000105600.06.35 - 6.756.6Out
 Put
LLY250417P0062000089620.08.65 - 9.258.95Out
 Put
LLY250417P00640000227640.012.0 - 14.212.6Out
 Put
LLY250417P00660000377660.016.7 - 17.616.5Out
 Put
LLY250417P00680000413680.022.4 - 23.522.75Out
 Put
LLY250417P00700000530700.029.55 - 31.729.82Out
 Put
LLY250417P00720000418720.037.35 - 40.4538.54Out
 Put
LLY250417P00740000387740.048.05 - 50.048.77In
 Put
LLY250417P00760000247760.056.85 - 62.5559.0In
 Put
LLY250417P00770000215770.063.0 - 69.7562.98In
 Put
LLY250417P00780000186780.070.5 - 74.5573.49In
 Put
LLY250417P00790000109790.078.1 - 81.7557.85In
 Put
LLY250417P00800000855800.085.2 - 89.976.3In
 Put
LLY250417P00810000312810.094.45 - 96.882.97In
 Put
LLY250417P00820000149820.0100.8 - 105.291.7In
 Put
LLY250417P00830000150830.0108.9 - 113.6106.93In
 Put
LLY250417P0084000047840.0117.4 - 123.3105.15In
 Put
LLY250417P00850000257850.0125.55 - 132.35116.54In
 Put
LLY250417P00860000276860.0135.05 - 139.55112.13In
 Put
LLY250417P0087000043870.0143.5 - 148.75106.0In
 Put
LLY250417P0088000017880.0154.25 - 158.25149.9In
 Put
LLY250417P0089000037890.0161.2 - 168.85146.88In
 Put
LLY250417P0090000023900.0171.4 - 179.3124.25In
 Put
LLY250417P0091000013910.0181.05 - 187.35134.75In
 Put
LLY250417P0092000017920.0190.85 - 199.0134.44In
 Put
LLY250417P0093000032930.0200.65 - 208.75158.25In
 Put
LLY250417P0094000022940.0210.3 - 217.95176.95In
 Put
LLY250417P0095000015950.0220.3 - 228.0210.7In
 Put
LLY250417P0096000032960.0230.35 - 236.25189.3In
 Put
LLY250417P0126000001260.0531.2 - 537.95531.2In
 Put
LLY250417P0128000001280.0551.25 - 557.95551.25In
 Put
LLY250417P0130000001300.0571.2 - 577.65571.2In
 Put
LLY250417P0132000001320.0591.2 - 597.85591.2In
 Put
LLY250417P0134000001340.0611.2 - 617.9611.2In
 Put
LLY250417P0136000001360.0630.05 - 636.7630.05In
 Put
LLY250417P0138000001380.0651.25 - 657.55651.25In
 Put
LLY250417P0140000001400.0671.2 - 678.0671.2In
 Put
LLY250417P0142000001420.0691.25 - 698.0691.25In
 Put
LLY250417P0144000001440.0710.0 - 716.95665.85In

Eli Lilly Corporate Directors

Kathi SeifertIndependent DirectorProfile
Jamere JacksonIndependent DirectorProfile
Juan LucianoLead Independent DirectorProfile
Gabrielle SulzbergerIndependent DirectorProfile

Additional Tools for Eli Stock Analysis

When running Eli Lilly's price analysis, check to measure Eli Lilly's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Eli Lilly is operating at the current time. Most of Eli Lilly's value examination focuses on studying past and present price action to predict the probability of Eli Lilly's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eli Lilly's price. Additionally, you may evaluate how the addition of Eli Lilly to your portfolios can decrease your overall portfolio volatility.