Eli Lilly's most recent trend suggests a bullish bias. One trading opportunity on Eli Lilly is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 5.93% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $57.50 by expiration. The full premium credit of $0.28 would be kept by the premium seller. The risk of $4.72 would be incurred if the stock dropped below the $52.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Eli Lilly is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Eli Lilly is bullish.
The RSI indicator is at 51.41 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Eli Lilly
[$$] Pfizer, Lilly Drugs Show Promise in Slowing Breast Cancer
Sun, 06 Apr 2014 14:51:01 GMT
Pfizer, Lilly Breast Cancer Drugs Slow Tumors in Studies
Sun, 06 Apr 2014 14:30:00 GMT
Lilly To Release Early-Stage Pipeline Data Targeting Key Cancer Pathways At AACR 2014
Sun, 06 Apr 2014 14:25:00 GMT
PR Newswire – INDIANAPOLIS, April 6, 2014 /PRNewswire/ — Eli Lilly and Company (NYSE: LLY) will present early-stage data from several targeted cancer therapies – including bemaciclib “beh meh sye' klib” (LY2835219), …
Lilly spends millions fighting fake pharmaceuticals
Sun, 06 Apr 2014 11:36:45 GMT
Exclusive – Merck wants to test Zilmax on 240,000 cattle but beef industry resists
Fri, 04 Apr 2014 17:43:41 GMT
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