LLY

Premium $33.49 · Break-even $1,329.49 · Δ 0.44

This LEAP contract offers an attractive 0.44 delta and ample runway for the stock to surpass the strike price. The long-term horizon mitigates short-term volatility and decay.

Buy: Buy if the option premium pulls back below $30.00 during an underlying market consolidation.

Sell: Sell if the contract premium doubles to $66.00 or if the underlying stock falls below $1,150.

Premium $14.39 · Break-even $1,373.89 · Δ 0.24

A lower-cost LEAP option targeting a wider move over the next 18 months. While delta is lower at 0.24, the premium of 14.39 offers high leverage for a strong secular grower.

Buy: Buy if the contract premium falls below $12.50.

Sell: Sell if the underlying stock hits $1,380 or the premium reaches $30.00.

Premium $14.97 · Break-even $1,377.97 · Δ 0.24

Cheaper, lower-delta leverage play suited for aggressive capital appreciation if LLY maintains its secular uptrend.

Buy: Buy if LLY experiences a healthy correction toward 1220.00, reducing premium costs.

Sell: Sell when LLY surpasses 1360.00 or to cut losses if the premium drops to 7.50.

Premium $34.02 · Break-even $1,326.52 · Δ 0.44

This call option offers solid upside participation with a 0.44 delta and a reasonable premium. The break-even of 1326.52 is highly achievable given LLY's secular growth trend into late 2026.

Buy: Buy when the LLY stock price is below $1260 and premium is under $33.50.

Sell: Sell when the stock reaches $1350 or the option premium rises above $55.00.

Premium $14.14 · Break-even $1,366.64 · Δ 0.23

This out-of-the-money contract represents a lower capital commitment, offering high leverage for a substantial long-term growth outlook.

Buy: Buy if the stock displays strong momentum on expanding volume above $1280.

Sell: Sell if the premium increases by 80% or if LLY closes below its SMA50 at $1179.75.

Premium $34.22 · Break-even $1,340.22 · Δ 0.44

Provides excellent leveraged exposure to LLY's long-term upside with a moderate delta and a reasonable break-even level.

Buy: Underlying share price trades between $1240 and $1270.

Sell: Underlying share price exceeds $1380 or premium drops below $18.00.

Premium $33.06 · Break-even $1,322.56 · Δ 0.44

Provides solid exposure to LLY's long-term growth with a moderate premium and solid 0.44 delta. It balances cost and probability of profit well.

Buy: Buy when the underlying LLY stock price pulls back to $1240 or lower.

Sell: Sell when LLY underlying price reaches $1400 or if the option value drops by 50%.

Premium $14.06 · Break-even $1,367.06 · Δ 0.23

This out-of-the-money contract offers cheaper leverage but requires a larger upward move to become profitable. It is highly speculative.

Buy: Buy if LLY strongly breaks out above $1285 on rising volume.

Sell: Sell if LLY stock price drops below the 50-day SMA ($1180).

Premium $14.88 · Break-even $1,384.88 · Δ 0.24

Cheaper out-of-the-money contract offering high leverage for aggressive growth scenarios, albeit with lower delta and higher break-even.

Buy: Underlying share price breaks out above $1281 on high volume.

Sell: Underlying share price hits target of $1380 or premium drops below $7.50.

Premium $33.12 · Break-even $1,320.62 · Δ 0.44

Attractive near-the-money LEAPS call that offers substantial leverage and a solid delta to capture the long-term upward trend.

Buy: Buy if stock pulls back to $1230 or premium drops to $30.00.

Sell: Sell if stock reaches $1380 or premium rises to $80.00.

Premium $32.78 · Break-even $1,319.28 · Δ 0.43

This slightly out-of-the-money call provides a solid delta of 0.43, capturing long-term upside with over a year of expiry.

Buy: Buy if the contract premium falls below $31.00 or LLY pulls back to $1245.

Sell: Sell when LLY stock reaches the target of $1350.00 or the option premium doubles.

Premium $13.96 · Break-even $1,363.46 · Δ 0.23

A lower-cost, lower-delta option that offers high leverage if LLY continues its rapid expansion toward our target and beyond.

Buy: Buy if the contract premium drops to $12.50 or LLY stabilizes around $1250.

Sell: Sell when LLY stock surpasses $1350.00 or to cut losses if the premium drops by 50%.

Premium $32.45 · Break-even $1,312.95 · Δ 0.43

This near-the-money contract offers a solid delta of 0.43 with ample time to expiry, capturing LLY's secular growth trajectory.

Buy: Buy if the contract premium dips below $30.00 during a stock pullback.

Sell: Sell if the premium doubles or the underlying stock falls below $1170.

Premium $14.21 · Break-even $1,364.71 · Δ 0.24

Higher-risk out-of-the-money option with low delta, sensitive to consolidation near current levels.

Buy: Buy if stock breaks above $1280 on high volume.

Sell: Sell if stock reaches $1380 or premium doubles to $28.00.

Premium $33.48 · Break-even $1,309.98 · Δ 0.44

This LEAP call option offers an excellent long-term play on LLY's growth with a solid delta of 0.44 and reasonable break-even.

Buy: The underlying stock price is below 1255.00.

Sell: The contract price rises by 50% or the underlying stock hits 1350.00.

Premium $14.57 · Break-even $1,353.57 · Δ 0.24

A lower-cost, out-of-the-money option for high leverage, suitable for investors highly confident in LLY's multi-year growth.

Buy: The underlying stock price dips below 1240.00 to lower the premium cost.

Sell: The underlying price exceeds 1320.00, allowing for premium expansion, or if the contract drops 50%.

Premium $14.80 · Break-even $1,370.80 · Δ 0.24

A highly leveraged, lower-delta option that offers a cheaper entry point for bullish investors. This contract maximizes percentage returns if LLY continues its rapid upward trajectory.

Buy: Buy when the premium drops to $14.00 or lower during a minor stock correction.

Sell: Sell when LLY breaks above $1360 or the option premium doubles to $29.60.

Premium $35.36 · Break-even $1,348.36 · Δ 0.44

This contract offers strong delta exposure with substantial time to maturity, mitigating short-term volatility concerns.

Buy: Buy when the underlying LLY stock drops to $1250.

Sell: Sell when the contract premium increases by 50% or the underlying stock falls below $1190.

Premium $32.63 · Break-even $1,302.13 · Δ 0.44

This near-the-money long-dated call option provides excellent leverage to participate in LLY's upward trajectory with a solid 0.44 delta.

Buy: Buy if LLY stock price is below 1245.00 USD with the option premium under 33.00 USD.

Sell: Sell if the option premium rises to 60.00 USD or if LLY stock breaks below 1177.20 USD.

Premium $13.69 · Break-even $1,357.19 · Δ 0.23

A lower-cost out-of-the-money contract that provides high leverage if LLY continues its strong upward trajectory past $1343.5.

Buy: Buy if the contract premium falls to $12.00 or lower on a short-term dip.

Sell: Sell if the option premium reaches $25.00 or the stock trend reverses.

Premium $14.04 · Break-even $1,345.54 · Δ 0.24

A lower-cost, out-of-the-money contract that offers higher leverage but lower probability of profit given the 0.24 delta.

Buy: Buy if LLY stock falls back to the SMA20 support near 1195.00 USD, reducing premium cost.

Sell: Sell if LLY stock hits the target price of 1350.00 USD or the option premium doubles.

Premium $15.65 · Break-even $1,393.15 · Δ 0.24

A lower-premium, lower-delta alternative for high leverage if expecting a significant upward secular trend.

Buy: Buy when the underlying LLY stock drops to $1250.

Sell: Sell when the contract premium increases by 80% or the underlying stock falls below $1190.

Premium $34.39 · Break-even $1,333.39 · Δ 0.44

Leaps call option offering solid delta exposure with a reasonable break-even profile for a long-term bullish outlook.

Buy: Buy when LLY stock price trades below 1250.00 with stabilizing RSI.

Sell: Sell when LLY stock crosses 1380.00 or if the option premium drops below 18.00.

Premium $31.74 · Break-even $1,244.74 · Δ 0.44

This long-term LEAP offers high delta exposure at a reasonable premium, allowing investors to capitalize on LLY's secular growth with minimal time decay.

Buy: Buy when the stock price stabilizes above 1185 with the RSI rebounding from neutral.

Sell: Sell if the underlying stock reaches 1280 in the short term, or if LLY drops below 1100.

Premium $15.62 · Break-even $1,349.62 · Δ 0.25

Cheaper, high-leverage LEAP option targeting significant upside beyond the current 52-week high.

Buy: Buy on a dip of the underlying stock to $1220 to minimize premium cost.

Sell: Sell if option value doubles or underlying falls below $1180.

Premium $34.68 · Break-even $1,306.68 · Δ 0.44

Deep LEAP call option offering high leverage with 2026 expiration, capturing long-term growth of the GLP-1 market.

Buy: Buy when LLY stabilizes above $1240.

Sell: Sell if option value gains 50% or underlying falls below $1180.

Premium $16.12 · Break-even $1,351.62 · Δ 0.25

A lower-cost out-of-the-money alternative that offers high leverage and convexity if LLY maintains its macro-trend momentum.

Buy: The stock price breaks and closes above local resistance at 1260.00 USD.

Sell: The contract premium reaches 35.00 USD or the underlying stock’s 60-day momentum turns negative.

Premium $35.43 · Break-even $1,301.93 · Δ 0.44

LEAPS Call option with a solid 0.44 delta, allowing participation in LLY's long-term growth with a reasonable break-even of 1301.93.

Buy: Buy if LLY stock trades between 1220 and 1245.

Sell: Sell if the option premium doubles or if LLY stock falls below 1170.

Premium $35.43 · Break-even $1,298.93 · Δ 0.44

This contract offers a solid 0.44 delta and an attractive entry premium to leverage long-term upside past the 1263.5 strike. The extended expiration minimizes theta decay risk in the near term.

Buy: Buy when the underlying stock price consolidates near 1225.00.

Sell: Sell when the underlying stock reaches 1320.00 or if the option premium drops by 40%.

Premium $16.18 · Break-even $1,341.68 · Δ 0.25

A lower-cost out-of-the-money alternative that provides massive leverage with lower capital outlay, capturing a continuation run toward 1350.

Buy: Buy if the underlying stock dips toward 1215.00, keeping the premium highly affordable.

Sell: Sell when the option premium doubles or if the underlying stock breaches the 1310.00 resistance level.

Premium $35.31 · Break-even $1,308.81 · Δ 0.44

This long-dated contract provides a solid 0.44 delta and a reasonable break-even point, allowing investors to capitalize on LLY's secular growth over a long horizon.

Buy: The stock price stabilizes above 1230.00 USD with stable implied volatility.

Sell: The contract premium doubles to 70.62 USD or the underlying stock falls below 1150.00 USD.

Premium $16.05 · Break-even $1,347.55 · Δ 0.25

An OTM option offering cheaper asymmetric leverage for aggressive bulls. The lower delta makes it highly sensitive to near-term stagnation, requiring a strong directional move.

Buy: Buy when LLY price breaks out past 1250 USD with volume confirmation.

Sell: Sell when option premium reaches $35.00 or if the underlying drops below 1180 USD.

Premium $35.41 · Break-even $1,304.41 · Δ 0.44

This ATM LEAP provides excellent exposure to LLY's multi-year growth trajectory with moderate premium decay. It strikes a strong balance between a solid 0.44 delta and reasonable premium cost.

Buy: Buy when LLY underlying price stabilizes above 1210 USD.

Sell: Sell if the option premium doubles or if the underlying LLY drops below 1160 USD.

Premium $16.18 · Break-even $1,344.68 · Δ 0.25

A lower-premium, lower-delta alternative for leveraged upside, targeting a break-even of 1344.68 by late 2026.

Buy: Buy if LLY stock holds support above 1230.

Sell: Sell if the option premium gains 80% or if the stock drops below 1170.

Premium $34.32 · Break-even $1,314.82 · Δ 0.44

Long-term LEAP call providing solid leveraged exposure to LLY's growth with a reasonable break-even.

Buy: Buy when the stock price stabilizes above $1240.

Sell: Sell when premium doubles or stock breaches $1180.

Premium $17.18 · Break-even $1,360.68 · Δ 0.26

A higher leveraged OTM contract that offers a lower cost entry point for bullish investors looking for significant appreciation over a 1.5-year horizon.

Buy: Buy when the stock pulls back to $1220.00 or the premium drops to $14.50.

Sell: Sell when the stock price hits $1350.00 or the premium reaches $35.00.

Premium $13.41 · Break-even $1,282.91 · Δ 0.24

A cheaper out-of-the-money long-term LEAP option suited for high-leverage exposure to a major structural move beyond the current 52-week high.

Buy: Buy when LLY stock shows bullish momentum above 1202.00 USD (reclaiming the 20-day SMA).

Sell: Sell when the premium reaches 28.00 USD or if the stock drops below 1145.00 USD.

Premium $31.12 · Break-even $1,241.62 · Δ 0.44

This deep-expiry LEAP call offers exposure near the money with a 0.44 delta, providing a strong delta-one proxy with structured downside risk.

Buy: Buy when LLY stock stabilizes above 1185.00 USD and the option premium is under 32.00 USD.

Sell: Sell when the contract premium doubles to 64.00 USD or if the underlying stock breaches 1145.00 USD.

Premium $13.47 · Break-even $1,284.47 · Δ 0.24

A lower-premium alternative that acts as a leveraged play on a substantial long-term breakout, though it carries a lower delta of 0.24.

Buy: Buy when the underlying stock breaks and holds above the 20-day SMA of 1201.84 USD.

Sell: Sell when LLY surpasses 1300.00 USD or to cut losses if premium drops by 50%.

Premium $31.40 · Break-even $1,242.90 · Δ 0.44

This contract offers strong delta exposure (0.44) and long-term viability, allowing investors to capitalize on LLY's multi-year secular growth with a comfortable break-even.

Buy: Buy if the underlying stock stabilizes and consolidates above 1185.00 USD.

Sell: Sell if the stock reaches 1350.00 USD or if the premium gains over 80%.

Premium $32.33 · Break-even $1,253.83 · Δ 0.44

This long-term LEAP call offers an attractive balance of medium delta exposure and premium pricing compared to later October expirations, capturing LLY's multi-year fundamental growth trend.

Buy: Buy when the underlying stock is stable near the 50-day SMA ($1184.68) and the contract premium is below $33.00.

Sell: Sell when the stock tests $1280.00 or the contract achieves a 40% gain.

Premium $14.32 · Break-even $1,287.32 · Δ 0.24

A cheaper, highly leveraged LEAP option targeting the previous highs near 1280 with a lower delta of 0.24.

Buy: LLY confirms a bounce off the 50-day SMA and moves above 1195.

Sell: Underlying LLY shares rally toward 1270, prompting a profit-taking exit on the premium appreciation.

Premium $32.43 · Break-even $1,245.93 · Δ 0.44

This slightly out-of-the-money contract offers a solid 0.44 delta and plenty of time value, capturing a long-term recovery with reasonable premium exposure.

Buy: Underlying LLY shares trade near the 1185 support level.

Sell: Underlying LLY shares reach the target of 1270 or the option premium increases by 40%.

Premium $14.04 · Break-even $1,308.04 · Δ 0.24

A lower-premium, out-of-the-money play for aggressive traders seeking leverage on a larger breakout beyond the previous high.

Buy: Buy if LLY momentum turns positive with MACD expanding above 18.00.

Sell: Sell if LLY target of 1320.00 is achieved or if premium falls below 8.00.

Premium $32.34 · Break-even $1,265.84 · Δ 0.44

This LEAP call offers a balanced risk-reward with a 0.44 delta and a reasonable premium, capturing long-term upside.

Buy: Buy if LLY shares hold above the 20-day SMA of 1201.19.

Sell: Sell if LLY reaches the target price of 1320.00 or if the option premium falls below 20.00.

Premium $14.42 · Break-even $1,334.42 · Δ 0.24

This out-of-the-money option offers a cheaper entry point and high leverage, though it is riskier due to a lower delta of 0.24.

Buy: Underlying LLY price breaks above key resistance at 1240.00.

Sell: Underlying stock approaches 1300.00 or the contract premium doubles to 28.84.

Premium $33.03 · Break-even $1,291.53 · Δ 0.44

This contract offers strong delta exposure with a reasonable premium for almost two years of expiry, making it a highly effective vehicle for capturing the sustained growth trend.

Buy: Underlying LLY price is stable above 1220.00.

Sell: Underlying stock reaches 1320.00 or the contract premium appreciates by 50% to 49.50.

Premium $32.29 · Break-even $1,253.29 · Δ 0.44

This deep-in-the-money September 2026 call offers a solid delta of 0.44 and reasonable premium, providing excellent long-term leverage.

Buy: The underlying stock price stabilizes above 1185.00 and the option premium is below 33.00.

Sell: The underlying stock reaches the target of 1300.00 or the premium drops by 35%.

Premium $14.09 · Break-even $1,295.09 · Δ 0.24

A lower-premium option for high leverage, suitable for an aggressive long-term play on LLY exceeding its previous highs.

Buy: The underlying stock price breaks out above the 20-day SMA of 1201.00 on expanding volume.

Sell: The underlying stock reaches 1300.00 or the option premium falls below 8.00.

Premium $14.92 · Break-even $1,340.92 · Δ 0.24

An out-of-the-money long call that offers higher leverage and lower initial capital outlay for a bullish swing.

Buy: Buy when LLY stock price breaks out above $1,250.00.

Sell: Sell when LLY stock price reaches $1,350.00 or the option premium doubles.

Premium $33.81 · Break-even $1,297.81 · Δ 0.44

This near-the-money call option provides excellent delta and ample time value to capture LLY's medium-term trend towards $1,350.

Buy: Buy when LLY stock price is between $1,210.00 and $1,240.00.

Sell: Sell when LLY stock price reaches $1,350.00 or the premium gains 50%.

Premium $15.14 · Break-even $1,351.64 · Δ 0.24

This out-of-the-money strike offers high leverage at a lower premium, though it carries higher risk due to a lower delta of 0.24. It is suitable for a highly aggressive growth outlook.

Buy: Buy when LLY breaks above 1255.00, confirming immediate breakout momentum.

Sell: Sell when the premium doubles to 30.00 or if LLY closes below the SMA50 support of 1183.63.

Premium $34.06 · Break-even $1,308.56 · Δ 0.44

This contract provides exposure to long-term upside with a solid 0.44 delta and over a year of extrinsic value. It is ideal for capitalising on LLY's secular growth story beyond current highs.

Buy: Buy if LLY stock trades in the 1210.00 to 1245.00 range on steady volume.

Sell: Sell if LLY stock reaches 1350.00 or if the option premium falls below 18.00.

Premium $15.17 · Break-even $1,352.17 · Δ 0.24

An out-of-the-money, lower-cost contract that provides highly leveraged returns if LLY successfully breaches and sustains momentum past its 52-week highs.

Buy: Buy when LLY clears the 1260.00 level on expanding daily volume.

Sell: Sell when the contract premium appreciates by 80% or the stock reaches 1350.00.

Premium $15.24 · Break-even $1,358.24 · Δ 0.24

High-leverage, low-cost play for a major long-term upside run but lower probability of being in-the-money.

Buy: Buy when the stock breaks above $1280.

Sell: Sell when premium increases by 50% or if stock falls below $1180.

Premium $15.33 · Break-even $1,359.83 · Δ 0.24

Cheaper out-of-the-money alternative to participate in LLY's upside, though lower delta requires strong underlying movement to achieve significant gains.

Buy: Buy if LLY stock price surpasses 1260.00 on strong daily volume.

Sell: Sell if the premium appreciates by 80% or if LLY drops below 1180.00.

Premium $14.13 · Break-even $1,295.63 · Δ 0.24

A highly leveraged out-of-the-money option suited for capturing a breakout past the current 52-week high with lower capital requirements.

Buy: Buy when LLY bounces off the $1185 support level and the option premium is under $14.50.

Sell: Sell when the underlying stock climbs past $1280.00 or the option premium doubles.

Premium $13.74 · Break-even $1,286.24 · Δ 0.24

A lower-cost, out-of-the-money LEAP that provides high leverage for a long-term bullish play on LLY's growth.

Buy: Buy if LLY stock breaks out above 1200 with increasing daily volume.

Sell: Sell when the contract value doubles or if LLY falls below the major support at 1140.

Premium $31.99 · Break-even $1,119.01 · Δ -0.38

Buying this long put represents an expensive, counter-trend bet against a highly profitable structural grower.

Buy: Buy only if LLY breaks down below the critical support at 1120.00 USD on high volume.

Sell: Sell when the stock stabilizes at the 200-day SMA of 1059.78 USD.

Premium $37.31 · Break-even $1,244.81 · Δ 0.45

This slightly out-of-the-money call provides excellent leverage on LLY's long-term secular growth with a solid delta of 0.45.

Buy: Underlying LLY stock price stabilizes above 1185.00.

Sell: Underlying LLY stock price exceeds 1280.00 or contract value drops by 50%.

Premium $18.42 · Break-even $1,285.42 · Δ 0.27

An out-of-the-money long-term call offering cheaper premium but lower delta (0.27), suitable for a high-beta growth scenario.

Buy: Buy when LLY confirms a rebound from 1185.00 on positive volume.

Sell: Sell when LLY reaches 1280.00 or if the stock breaks below 1120.00.

Premium $33.35 · Break-even $1,127.15 · Δ -0.39

Buying this put is not recommended as LLY is expected to find strong support near 1160.00, making the break-even of 1127.15 unlikely to be breached.

Buy: Buy only if LLY breaks below 1150.00 with high volume, indicating a deeper trend reversal.

Sell: Sell if LLY rebounds back above the 20-day SMA of 1201.64.

Premium $14.00 · Break-even $1,087.00 · Δ -0.21

This put contract is highly likely to expire worthless given the robust support zones at 1160 and 1100.

Buy: Market enters a severe systemic correction and LLY drops below 1130.00.

Sell: Underlying LLY stock price rebounds above the SMA50 of 1185.74.

Premium $26.11 · Break-even $1,102.89 · Δ -0.38

Selling this put allows premium collection of 26.11 with a break-even of 1102.89, which is well-supported above the 200-day SMA.

Buy: Write the put if LLY stock price trades between 1130 and 1150 to maximize premium capture.

Sell: Buy back to close if premium drops below 5.00 or if LLY breaks below 1050.00.

Premium $9.14 · Break-even $1,062.36 · Δ -0.17

Highly conservative put write with a strike of 1071.5, very close to the 200-day SMA of 1062.65, offering a low-delta buffer.

Buy: Write this contract when LLY stock is near 1140 for optimal risk-reward.

Sell: Buy back to close if premium drops below 2.00 or if LLY breaches 1050.00.

Premium $18.33 · Break-even $1,284.83 · Δ 0.27

A high-leverage bullish play with a lower premium entry, targeting a breakout past previous 52-week highs.

Buy: Underlying LLY stock price clears the SMA20 resistance at 1201.62.

Sell: Underlying LLY stock price reaches 1280.00 or the contract premium doubles.

Premium $33.16 · Break-even $1,126.84 · Δ -0.39

Buying this put is a bearish directional bet that directly contradicts the strong 200-day moving average support and LLY's secular growth story.

Buy: Underlying LLY stock price breaks decisively below the major 200-day moving average at 1058.00.

Sell: Underlying LLY stock price recovers and stabilizes above the SMA20 at 1201.62.

Premium $18.21 · Break-even $1,274.71 · Δ 0.27

A lower-cost call option with lower delta, offering higher leverage if the stock makes an explosive move.

Buy: Buy when LLY underlying price shows clear signs of reversal above $1180.

Sell: Sell when LLY underlying price reaches $1280 or premium doubles.

Premium $36.62 · Break-even $1,236.12 · Δ 0.45

LEAP Call offering solid delta exposure for long-term upside as LLY breaks out of its current consolidation.

Buy: Buy when the underlying stock closes above 1186.00 USD.

Sell: Sell if the stock drops below 1120.00 USD or the contract value doubles.

Premium $17.72 · Break-even $1,276.22 · Δ 0.27

Low-cost OTM CALL option for higher leverage on a sustained long-term rally back to all-time highs.

Buy: Buy when LLY rises above 1190.00 USD.

Sell: Sell if the underlying stock drops below 1120.00 USD or contract reaches 35.00 USD.

Premium $32.45 · Break-even $1,120.05 · Δ -0.39

Long put options are unattractive given LLY's strong secular uptrend and solid support near the 1120-1150 range.

Buy: Do not buy unless LLY breaks key support at 1120.00 USD on high volume.

Sell: Sell immediately if already holding if stock reclaims 1200.00 USD.

Premium $13.56 · Break-even $1,080.44 · Δ -0.20

Deep out-of-the-money put that will decay rapidly as LLY's long-term SMA200 support at 1058.74 holds.

Buy: Avoid buying unless a systemic market crash or severe drug recall occurs.

Sell: Sell immediately if already holding to salvage remaining premium.

Premium $36.36 · Break-even $1,233.86 · Δ 0.45

This LEAP call offers solid delta exposure to LLY's recovery above the SMA50 with an expiry over a year out, minimizing theta decay in the short term.

Buy: Buy if LLY stock price holds above 1160 and RSI(14) begins turning upward from 40.

Sell: Sell if LLY reaches the target of 1250 or if the option premium declines by 30%.

Premium $17.64 · Break-even $1,273.64 · Δ 0.27

A cheaper out-of-the-money long-term call that provides high leverage if LLY resumes its macro uptrend toward 1300.

Buy: Buy if LLY breaks above the 20-day SMA of 1202 on rising volume.

Sell: Sell if LLY stock reaches 1250 or if the premium drops below $10.00.

Premium $32.27 · Break-even $1,118.23 · Δ -0.39

Buying puts is inappropriate given LLY's robust long-term uptrend and support near the SMA50.

Buy: Avoid buying unless LLY breaks decisively below 1100.

Sell: Sell or close immediately if already held as LLY rebounds from 1174.

Premium $13.42 · Break-even $1,078.58 · Δ -0.20

Deep out-of-the-money puts have low probability of profit given the strong support levels above 1100.

Buy: Avoid buying unless a major negative regulatory event occurs.

Sell: Sell immediately if holding to salvage remaining premium.

Premium $36.23 · Break-even $1,229.23 · Δ 0.45

This LEAPS Call contract with a 0.45 delta offers a leveraged play on LLY's recovery above its current short-term moving averages.

Buy: Buy when the underlying stock bounces off the $1160 support level on rising volume.

Sell: Sell to close if the underlying stock drops below $1110 or if the contract price doubles.

Premium $17.52 · Break-even $1,269.02 · Δ 0.27

A cheaper, out-of-the-money alternative with 0.27 delta, ideal for capturing a sharper, high-momentum rebound.

Buy: Buy if LLY stock breaks back above the SMA50 of $1186.74.

Sell: Sell to close if the underlying stock drops below $1130 or the premium gains 80%.

Premium $32.22 · Break-even $1,114.28 · Δ -0.39

With LLY near oversold levels, buying this put is risky as the stock is expected to find support above $1146.5.

Buy: Buy only if LLY breaks down below the critical support level of $1140.

Sell: Sell to close if LLY recovers above $1185 or the premium drops by 40%.

Premium $13.35 · Break-even $1,074.65 · Δ -0.20

Buying this deep out-of-the-money put is highly speculative given LLY's strong long-term uptrend and support near its SMA200.

Buy: Buy only in the event of major negative regulatory developments on weight-loss drugs.

Sell: Sell immediately to close if the stock climbs back above $1200.

Premium $36.13 · Break-even $1,225.63 · Δ 0.45

This ITM/ATM LEAP call offers solid exposure to LLY's long-term growth with a moderate premium, benefiting from the current dip.

Buy: LLY stock trades between $1150 and $1170.

Sell: LLY stock exceeds $1250 or the option premium drops 40%.

Premium $17.43 · Break-even $1,265.43 · Δ 0.27

An out-of-the-money call offering higher leverage for a long-term recovery play, with a lower premium outlay.

Buy: LLY stock is below $1170.

Sell: LLY stock reaches $1250 or premium doubles.

Premium $32.07 · Break-even $1,110.93 · Δ -0.39

Buying this put is undesirable as we expect the stock to rebound from the support levels above $1140.

Buy: Avoid buying unless LLY stock breaks below $1100 on high volume.

Sell: LLY stock rebounds above $1200.

Premium $13.25 · Break-even $1,071.25 · Δ -0.20

Buying deep OTM puts is inefficient given LLY's robust long-term fundamentals and major support above $1100.

Buy: Avoid buying unless LLY experiences a major structural breakdown below $1050.

Sell: LLY stock rises above $1200.

Premium $36.18 · Break-even $1,227.68 · Δ 0.45

A moderately ITM LEAPS call offering solid delta leverage to capture LLY's eventual rebound with ample time to maturity.

Buy: Underlyer drops below 1160 or premium falls below 33.00.

Sell: Underlyer reaches 1250 or premium rises above 65.00.

Premium $17.46 · Break-even $1,267.46 · Δ 0.27

Out-of-the-money LEAPS call with lower premium outlay, capturing high-leverage upside if LLY returns to historical highs.

Buy: Underlyer shows momentum reversal above 1175 or premium falls below 15.00.

Sell: Underlyer reaches 1250 or premium doubles to 35.00.

Premium $32.06 · Break-even $1,112.94 · Δ -0.39

Bearish put is unattractive as the underlying RSI is near 39, indicating LLY is approaching a short-term bottom.

Buy: Underlyer breaks below the 200-day SMA of 1059.75.

Sell: Underlyer climbs back above 1200 or premium drops below 20.00.

Premium $13.25 · Break-even $1,073.25 · Δ -0.20

Deep OTM put has a low delta of -0.20 and is highly likely to expire worthless as long-term support holds.

Buy: Underlyer falls below 1100 on high volume.

Sell: Underlyer rebounds above 1185 or premium drops below 8.00.

Premium $36.10 · Break-even $1,234.10 · Δ 0.45

This LEAPS call offers excellent delta exposure of 0.45, allowing investors to participate in LLY's long-term growth with defined risk.

Buy: Buy when the underlying stock drops to the entry zone of 1150.00 USD to 1170.00 USD.

Sell: Sell when the underlying stock reaches 1250.00 USD or if the premium drops below 18.00 USD.

Premium $17.30 · Break-even $1,274.30 · Δ 0.27

A higher leverage call that is cheaper to enter, ideal for a more aggressive growth target once support holds.

Buy: Buy when LLY recovers above the 50-day SMA of 1186.84 USD with increasing trading volume.

Sell: Sell when the underlying stock reaches 1280.00 USD or if the premium drops below 8.50 USD.

Premium $13.22 · Break-even $1,079.28 · Δ -0.20

This deep out-of-the-money put option is highly likely to expire worthless given the strong long-term fundamentals.

Buy: Buy only in the event of a catastrophic market-wide capitulation below 1100.00 USD.

Sell: Sell when the stock rebounds back above 1150.00 USD.

Premium $14.12 · Break-even $1,076.38 · Δ -0.21

This deep out-of-the-money put is highly likely to expire worthless due to solid structural support around the $1100 level.

Buy: Avoid purchasing this contract as a long hedge.

Sell: Exit if LLY drops below $1100 to prevent rapid premium acceleration.

Premium $33.36 · Break-even $1,116.14 · Δ -0.39

Buying this put is sub-optimal given strong long-term support levels just below current market price.

Buy: Avoid buying unless LLY stock decisively breaks below the 200-day SMA of 1061.39.

Sell: Exit immediately if the stock rebounds from $1150.

Premium $18.66 · Break-even $1,273.66 · Δ 0.27

An out-of-the-money call offering a lower premium entry point for a leveraged play on new highs.

Buy: Purchase when LLY stock price pulls back to $1145.

Sell: Sell when LLY stock price breaks above $1250.

Premium $37.81 · Break-even $1,233.81 · Δ 0.46

This near-the-money call provides solid delta exposure to capture the expected stock recovery over a long horizon.

Buy: Purchase when LLY stock price stabilizes near $1150.

Sell: Sell when LLY stock price reaches the $1260 target.

Premium $13.96 · Break-even $1,062.04 · Δ -0.21

This deep out-of-the-money put is highly unlikely to be exercised given strong long-term support above the 200-day SMA of 1060.62.

Buy: Buy only if stock breaks below $1080.00.

Sell: Sell to open now to collect the premium, closing when premium drops below $3.00.

Premium $32.69 · Break-even $1,100.81 · Δ -0.39

Expect the stock to hold support above $1133.5, making buying this put unprofitable.

Buy: Buy only if stock breaks below $1100.00 as a downside hedge.

Sell: Sell or close contract if stock price climbs above $1200.00.

Premium $18.41 · Break-even $1,255.91 · Δ 0.28

Cheaper call option with leverage but lower probability of being in the money with a 0.28 delta.

Buy: Buy when stock price stabilizes above $1150.00.

Sell: Sell when stock price hits $1220.00 to harvest quick premium expansion.

Premium $37.05 · Break-even $1,217.05 · Δ 0.45

Long-term call option capturing upside with a moderate 0.45 delta at a reasonable premium.

Buy: Buy when the stock price retraces to $1145.00.

Sell: Sell when stock price reaches $1240.00 or contract premium doubles.

Premium $35.33 · Break-even $1,218.83 · Δ 0.45

Leap Call option providing excellent leverage for a recovery back above the short-term SMAs by late 2026.

Buy: Buy when LLY stock stabilizes above 1150.00.

Sell: Sell when LLY stock rises above 1280.00 or contract premium doubles.

Premium $12.66 · Break-even $1,064.34 · Δ -0.20

This deep out-of-the-money put sits close to SMA200 support and is likely to decay without a major market crash.

Buy: Stock price falls below the key support of $1080.00.

Sell: Stock price rebounds above $1150.00.

Premium $14.27 · Break-even $1,063.73 · Δ -0.21

This deep out-of-the-money put is highly unlikely to be profitable given strong support lines situated near the SMA200.

Buy: Buy only in the event of a catastrophic market breakdown below $1100.

Sell: Sell as soon as LLY rebounds past $1200 to prevent total premium erosion.

Premium $33.27 · Break-even $1,102.73 · Δ -0.39

Buying this put is unfavorable as LLY is expected to find support near the $1136 level, leading to rapid decay of this contract.

Buy: Buy only if LLY break down below $1120, indicating a failure of the current bullish thesis.

Sell: Sell when LLY rebounds to $1200 or if the option contract loses 30% of its purchase value.

Premium $18.89 · Break-even $1,258.89 · Δ 0.28

A cheaper, leveraged out-of-the-money call option suitable for playing a sharp rebound over the medium-to-long term.

Buy: Buy when LLY underlying price stabilizes near $1150 with positive MACD divergence.

Sell: Sell when LLY underlying reaches $1240 or if the contract premium declines by 50%.

Premium $14.45 · Break-even $1,078.05 · Δ -0.21

Highly out-of-the-money Put option with high probability of expiring worthless given LLY's fundamental strength.

Buy: Avoid buying unless looking for extreme downside tail-risk disaster insurance.

Sell: Sell immediately to salvage premium if currently holding and LLY rises above 1200.00.

Premium $16.89 · Break-even $1,258.39 · Δ 0.26

Out-of-the-money leap call with lower premium outlay, offering solid upside if LLY resumes its macro uptrend.

Buy: Buy when LLY stock clears the 50-day SMA at 1190.22.

Sell: Sell when LLY reaches 1280.00 or option premium gains 50%.

Premium $37.61 · Break-even $1,220.11 · Δ 0.45

Provides solid near-the-money exposure to LLY's long-term growth with a moderate premium, capturing upside as the stock recovers.

Buy: Buy when LLY stock trades below $1160 and the daily RSI(14) begins to hook upwards.

Sell: Sell when LLY stock breaks above $1240 or if the option premium loses 50% of its initial value.

Premium $18.39 · Break-even $1,263.89 · Δ 0.27

A cheaper out-of-the-money call option for a more aggressive, high-leverage play on LLY's recovery over the next two years.

Buy: Buy when LLY shows positive momentum and the daily MACD histogram ticks upward.

Sell: Sell when LLY crosses $1240 or premium doubles to $36.78.

Premium $12.34 · Break-even $1,066.16 · Δ -0.20

Deep out-of-the-money put that is unlikely to expire in-the-money given strong support at the 200-day SMA.

Buy: Buy if LLY breaks below 1060, confirming a major trend reversal.

Sell: Sell if the stock rebounds back above 1180.

Premium $30.70 · Break-even $1,105.80 · Δ -0.38

Slightly out-of-the-money put with high premium that is unfavorable to buy due to long-term secular growth tailwinds.

Buy: Buy only if the stock falls below 1100 on high volume, signaling a deeper correction.

Sell: Sell to close if the stock recovers above 1200 or premium drops to $15.00.

Premium $36.16 · Break-even $1,221.66 · Δ 0.45

Moderate delta call option providing leveraged exposure to a recovery above SMA50 with significant time value.

Buy: Underlying LLY price holds above $1150.00.

Sell: Underlying reaches $1250.00 or contract premium doubles.

Premium $17.56 · Break-even $1,261.06 · Δ 0.27

Out-of-the-money long-term call offering high leverage for a substantial recovery over the next 1.5 years.

Buy: Underlying LLY drops below $1160.00 and shows signs of stabilization.

Sell: Underlying reaches $1250.00 or premium increases by 50%.

Premium $31.96 · Break-even $1,107.04 · Δ -0.38

Buying this put is risky because LLY is expected to find strong support and rebound, which will decay the premium.

Buy: Avoid buying unless hedging; write only if the goal is to acquire shares below $1107.00.

Sell: Underlying LLY breaks above $1180.00.

Premium $13.29 · Break-even $1,067.71 · Δ -0.20

Out-of-the-money put with low delta that is highly likely to expire worthless given the strong long-term uptrend above SMA200.

Buy: Avoid buying unless seeking extreme tail risk protection.

Sell: Underlying rises above $1200.00.

Premium $16.28 · Break-even $1,257.28 · Δ 0.26

Out-of-the-money long-dated call option providing cheaper leverage for a major recovery in the stock.

Buy: Buy if the stock bounces from the 1140-1150 area with increasing volume.

Sell: Sell if the stock reaches 1300 or if the premium degrades below $8.00.

Premium $13.87 · Break-even $1,068.13 · Δ -0.21

Deep out-of-the-money put with low probability of profit as LLY finds support well above 1082.

Buy: Buy only if LLY drops below 1100 USD.

Sell: Sell when LLY recovers above 1200 USD.

Premium $32.89 · Break-even $1,107.61 · Δ -0.39

Anticipating stock recovery above 1150, making this put contract lose value.

Buy: Buy only as a protective hedge if LLY breaks below 1100 USD.

Sell: Sell when LLY rises above 1200 USD to cut losses.

Premium $18.38 · Break-even $1,263.38 · Δ 0.27

Out-of-the-money call option that offers high leverage for a substantial long-term recovery.

Buy: Buy when LLY underlying stock holds above 1150 USD.

Sell: Sell when LLY underlying stock exceeds 1250 USD.

Premium $37.15 · Break-even $1,224.15 · Δ 0.45

Provides long-term leveraged exposure to LLY's growth at a moderate strike.

Buy: Buy when LLY underlying stock is below 1165 USD.

Sell: Sell when LLY underlying stock crosses 1250 USD.

Premium $17.54 · Break-even $1,263.54 · Δ 0.27

A lower-premium, out-of-the-money option for a highly leveraged play on a strong recovery back to the 52-week high.

Buy: Buy when LLY cross above the 50-day SMA of $1190.31 on expanding volume.

Sell: Sell when the option premium doubles to $35.00 or stock reaches $1250.

Premium $37.17 · Break-even $1,224.67 · Δ 0.45

This long-dated call option provides excellent leverage to capture the long-term upward trajectory of LLY with a moderate delta of 0.45.

Buy: Buy when LLY price dips to $1150 or stabilizes with RSI rising past 42.

Sell: Sell when LLY reaches $1250 or the contract premium appreciates by 50%.

Premium $13.21 · Break-even $1,069.79 · Δ -0.20

High margin of safety with a break-even of $1069.79, closely aligned with the strong 200-day SMA support.

Buy: Sell to open when LLY stock drops below $1150.

Sell: Buy to close when the premium decays to $4.00 or if LLY breaches $1080.

Premium $14.14 · Break-even $1,075.86 · Δ -0.21

This far out-of-the-money Put option requires a severe correction to the SMA200 to become profitable.

Buy: Buy when LLY breaks down below 1110 USD on negative catalysts.

Sell: Sell when LLY reaches 1060 USD or the premium drops by 40%.

Premium $33.20 · Break-even $1,115.30 · Δ -0.39

Buying this Put acts as a hedge but represents a counter-trend trade against a high-growth leader.

Buy: Buy when LLY breaks below 1148 USD on high volume.

Sell: Sell when LLY rebounds from 1100 USD or the premium increases by 50%.

Premium $18.65 · Break-even $1,272.65 · Δ 0.27

A speculative out-of-the-money Call option that offers high percentage gains if LLY resumes its upward momentum sharply.

Buy: Buy when LLY breaks above its SMA50 at 1190 USD.

Sell: Sell when LLY underlying reaches 1260 USD or the option premium doubles.

Premium $37.60 · Break-even $1,233.10 · Δ 0.45

This Call LEAP provides excellent leverage to capture LLY's eventual recovery back towards recent highs over the long term.

Buy: Buy when LLY stock price clears 1175 USD with expanding daily volume.

Sell: Sell when LLY underlying price reaches 1250 USD or if the premium loses 50% of its purchase value.

Premium $36.13 · Break-even $1,224.13 · Δ 0.45

This contract offers a solid 0.45 delta to capitalize on a mid-term recovery of LLY back above its moving averages with ample time-value.

Buy: Buy when LLY stock trades below $1165 with RSI showing signs of reversal.

Sell: Sell when LLY stock reaches $1250 or the option premium reaches $55.00.

Premium $34.56 · Break-even $1,217.56 · Δ 0.45

Near-the-money call option with almost two years to expiration, offering a balanced delta of 0.45 to participate in LLY's long-term upside.

Buy: Buy when the underlying stock stabilizes near 1150 or crosses above 1170.

Sell: Sell when the stock price reaches 1250 or if it breaks below the SMA200 at 1062.

Premium $32.86 · Break-even $1,108.14 · Δ -0.39

This put has a high premium and is sensitive to immediate downside, making it best suited as a defensive hedge rather than a directional play.

Buy: Buy this put only as a hedge if LLY breaks below $1140 on heavy volume.

Sell: Sell when LLY rebounds to $1200 or the premium drops below $15.00.

Premium $32.01 · Break-even $1,109.49 · Δ -0.39

Selling this put generates premium income while setting a comfortable break-even buffer below the current market price.

Buy: Sell to open when LLY stock price is between $1145 and $1165.

Sell: Buy to close when the premium decays to $10.00 or if LLY drops below $1100.

Premium $18.94 · Break-even $1,254.94 · Δ 0.28

A higher strike Call with lower premium, offering high leverage but a lower probability of profit given the 1254.94 break-even.

Buy: Buy when LLY price breaks back above SMA50 at 1188.0.

Sell: Sell when LLY reaches 1240.0 to capture delta expansion.

Premium $14.24 · Break-even $1,062.26 · Δ -0.21

Extremely low probability of profit as the strike is near the highly supportive 200-day SMA.

Buy: Only buy as a catastrophic tail-risk hedge if macro conditions deteriorate severely.

Sell: Sell/exit immediately if LLY starts recovering above 1180.00.

Premium $16.75 · Break-even $1,255.75 · Δ 0.26

An out-of-the-money alternative offering high leverage for a long-term recovery play with lower capital outlay.

Buy: Stock price retraces to $1125.00.

Sell: Stock price rises above $1200.00 or contract premium gains 50%.

Premium $35.19 · Break-even $1,216.19 · Δ 0.45

This contract offers a solid 0.45 delta to capture long-term upside at a lower premium layout than the October 30 contracts.

Buy: Stock price stabilizes near the lower entry bound of $1135.00.

Sell: Stock price reaches $1220.00 or contract premium gains 40%.

Premium $31.02 · Break-even $1,103.48 · Δ -0.38

Buying this protective put is expensive and unnecessary given strong support zones immediately below the current price.

Buy: Only buy if the stock breaks key support at 1130 USD on high volume.

Sell: Sell when the stock rebounds back toward 1180 USD.

Premium $36.74 · Break-even $1,233.24 · Δ 0.45

A slightly out-of-the-money long-term call offering a solid balance of premium price and a 0.45 delta to capture LLY's eventual recovery.

Buy: Buy when the underlying stock drops to 1160 USD and stabilizes.

Sell: Sell when the underlying stock reaches 1260 USD or the option premium falls below 18.00 USD.

Premium $13.58 · Break-even $1,080.92 · Δ -0.20

A deeply out-of-the-money put that will decay quickly as LLY maintains its bullish posture above the SMA200.

Buy: Buy if LLY falls below 1120 USD.

Sell: Sell when LLY recovers above 1180 USD or contract premium decays to 5.00 USD.

Premium $37.81 · Break-even $1,218.31 · Δ 0.46

Provides high delta exposure to a long-term recovery with moderate premium cost.

Buy: Buy if LLY stock trades below 1160.00 USD.

Sell: Sell if LLY stock reaches 1250.00 USD or contract value drops by 50%.

Premium $18.91 · Break-even $1,257.41 · Δ 0.28

A highly leveraged option with lower premium, but requires a larger upward move to reach break-even.

Buy: Buy if LLY stock dips below 1150.00 USD.

Sell: Sell if LLY stock reaches 1240.00 USD or option doubles in value.

Premium $33.24 · Break-even $1,100.76 · Δ -0.39

Buying this put is expensive and goes against our bullish thesis as long-term support remains intact.

Buy: Buy only if LLY breaks below the 200-day SMA at 1060.00 USD.

Sell: Sell if LLY rebounds to 1180.00 USD.

Premium $17.79 · Break-even $1,273.29 · Δ 0.27

A cheaper, highly leveraged out-of-the-money call option that can yield high returns if LLY makes an aggressive move back to its 52-week high.

Buy: Buy when LLY shows positive momentum and crosses back above the SMA50 at 1190.49 USD.

Sell: Sell when LLY reaches the target price of 1260 USD or if the premium drops by 50%.

Premium $32.47 · Break-even $1,117.53 · Δ -0.39

A protective put with a strike near key support, but expensive to purchase outright given the strong underlying long-term trend.

Buy: Buy only if LLY breaks convincingly below 1140 USD on high volume.

Sell: Sell if LLY recovers above 1200 USD to cut losses on the hedge.

Premium $19.05 · Break-even $1,276.05 · Δ 0.28

A lower-premium alternative that offers a higher strike but benefits from long-term expiry to achieve profitability.

Buy: Buy when LLY demonstrates a daily bullish crossover on the MACD.

Sell: Sell to close if the premium doubles or if the underlying stock hits 1120.00.

Premium $13.45 · Break-even $1,077.55 · Δ -0.20

Deep out-of-the-money put that serves as cheap catastrophe insurance but is unlikely to yield profit under normal bullish conditions.

Buy: Buy if LLY breaks below the 200-day moving average at 1062.08 USD.

Sell: Sell if LLY rises past 1220 USD, eroding option value.

Premium $38.27 · Break-even $1,236.27 · Δ 0.46

This slightly out-of-the-money long-term Call offers strong leverage on LLY's multi-year growth trajectory with a solid 0.46 delta.

Buy: Buy if LLY stock trades near the support zone of 1150.00 to 1175.00.

Sell: Sell to close if the contract premium gains 50% or if LLY drops below 1100.00.

Premium $35.28 · Break-even $1,213.78 · Δ 0.45

LEAP Call offers a solid 0.45 delta to capture LLY's long-term upside at a moderate premium.

Buy: LLY stock price stabilizes near 1140 USD.

Sell: LLY stock price reaches 1300 USD or option value increases by 50%.

Premium $16.80 · Break-even $1,253.30 · Δ 0.26

Lower-cost LEAP option for higher-leverage long-term exposure, though with a lower delta of 0.26.

Buy: LLY stock dips to near 1130 USD.

Sell: LLY stock rebounds to 1280 USD.

Premium $31.10 · Break-even $1,101.40 · Δ -0.38

Slightly out-of-the-money put serves as a long-term portfolio hedge but is currently expensive.

Buy: LLY break-even is violated or if hedging a large stock position when LLY drops below 1130 USD.

Sell: LLY rebounds strongly past 1200 USD, decaying the put's value.

Premium $12.64 · Break-even $1,061.86 · Δ -0.20

Unlikely to be profitable as the strike is close to the strong SMA200 support level of 1062.67.

Buy: Only buy to close an existing short position if SMA200 support breaks.

Sell: LLY recovers above 1200 USD, rendering this put nearly worthless.

Premium $32.63 · Break-even $1,120.87 · Δ -0.39

This put option is expected to lose value as LLY rebounds from support above 1150 USD.

Buy: Buy if LLY breaches 1150 USD on high volume.

Sell: Sell when LLY stabilizes above 1180 USD or contract premium falls by 50 percent.

Premium $33.57 · Break-even $1,117.43 · Δ -0.39

Buying this Put option is expensive and runs counter to LLY's strong long-term uptrend and support structures.

Buy: Only buy as a downside hedge if LLY breaks below 1150.00 on high volume.

Sell: Sell to close if LLY recovers and moves back above 1200.00.

Premium $17.91 · Break-even $1,277.41 · Δ 0.27

A cheaper, higher-strike Call option for a more aggressive play on a breakout past 52-week highs.

Buy: Buy when LLY share price shows strong momentum above 1185 USD.

Sell: Sell when LLY shares reach 1260 USD or the contract premium gains 70 percent.

Premium $36.84 · Break-even $1,237.34 · Δ 0.45

This long-dated Call offers leveraged upside with a reasonable strike just above the 20-day moving average.

Buy: Buy when LLY shares trade at or below 1170 USD.

Sell: Sell when LLY shares reach 1250 USD or the contract premium gains 50 percent.

Premium $12.83 · Break-even $1,066.17 · Δ -0.20

This far out-of-the-money put is unlikely to be profitable given strong support at the 200-day SMA of 1062.02.

Buy: Only buy if LLY exhibits extreme breakdown below 1100.00 on heavy volume.

Sell: Sell when stock bounces off the 200-day SMA of 1062.02.

Premium $31.36 · Break-even $1,105.64 · Δ -0.38

Buying this put is not recommended as LLY is expected to find support near 1100.00-1137.00, rendering this protection expensive.

Buy: Only buy as a hedge if stock breaks below the 200-day SMA of 1062.02.

Sell: Sell when stock recovers back above 1200.00.

Premium $31.16 · Break-even $1,103.84 · Δ -0.38

High premium makes buying this put inefficient unless a major structural break of the trend occurs.

Buy: Stock price breaks below $1100.00 on high volume.

Sell: Stock price rebounds back above $1165.00.

Premium $18.16 · Break-even $1,257.66 · Δ 0.27

An out-of-the-money call option that provides cheaper entry and higher leverage for a long-term recovery play.

Buy: Buy when LLY shows positive price momentum crossing above 1165 USD.

Sell: Sell when the contract premium doubles or if the stock drops below 1090 USD.

Premium $36.89 · Break-even $1,218.39 · Δ 0.45

This call contract is close to the money with a 0.45 delta, providing excellent participation in a stock rebound with extensive time value.

Buy: Buy when the stock price establishes support above 1150 USD.

Sell: Sell when the option premium gains 50% or if LLY drops below 1100 USD.

Premium $13.85 · Break-even $1,068.65 · Δ -0.20

This deep out-of-the-money put has low delta, making it an inefficient hedge unless a major systemic correction occurs.

Buy: Buy as a low-cost hedge if LLY breaks below $1100.

Sell: Sell when LLY stabilizes above $1200 and premium decays.

Premium $56.87 · Break-even $1,349.37 · Δ 0.48

This contract provides an extra month of duration and a higher delta of 0.48. It offers an excellent balance of risk and time value for capturing LLY's long-term expansion.

Buy: Buy when stock price consolidates near $1250 and premium is under $55.00.

Sell: Sell when LLY hits $1360 or the premium exceeds $85.00.

Premium $34.13 · Break-even $1,365.63 · Δ 0.34

This option provides a balanced risk-to-reward ratio, acting as a cheaper alternative to capture long-term upside above the current 52-week high.

Buy: Buy if LLY stock trades near current levels and the premium is under 35.00 USD.

Sell: Sell when the premium reaches 65.00 USD or if the underlying stock shows signs of trend reversal.

Premium $56.85 · Break-even $1,343.35 · Δ 0.48

Stronger delta of 0.48 and an extra month of expiry make this a safer choice to play the continuation of LLY's growth story.

Buy: Buy if the premium dips below $53.00 during a market pullback.

Sell: Sell when the underlying stock reaches $1350.00 or the contract premium reaches $85.00.

Premium $34.31 · Break-even $1,383.81 · Δ 0.34

This strike offers a middle-ground premium with a solid 0.34 delta, benefiting from extended duration through October 2026.

Buy: Buy if the contract premium declines to $31.50 or LLY drops to $1240.

Sell: Sell when LLY stock crosses $1360.00 or if the stock price drops below the 50-day SMA of $1179.70.

Premium $57.78 · Break-even $1,353.78 · Δ 0.48

This option offers a solid 0.48 delta and an extra month of duration relative to the September contracts, providing high sensitivity to long-term price appreciation.

Buy: Buy when the underlying stock drops to the 20-day SMA near $1,200, or the premium dips to $52.00.

Sell: Sell when the premium exceeds $110.00 or if the stock breaks the 50-day SMA on high volume.

Premium $34.15 · Break-even $1,390.15 · Δ 0.34

Provides intermediate exposure with a 0.34 delta and extra time cushion until October 2026. This strike allows investors to participate in LLY's secular growth with limited initial capital.

Buy: Buy when the premium drops below $32.50.

Sell: Sell when LLY stock reaches $1380 or the premium surpasses $58.00.

Premium $35.93 · Break-even $1,413.43 · Δ 0.34

Offers a balanced combination of extended duration and lower capital outlay for a strike close to our medium-term target.

Buy: Buy when the underlying LLY stock drops to $1250.

Sell: Sell when the contract premium increases by 70% or the underlying stock falls below $1190.

Premium $59.12 · Break-even $1,372.12 · Δ 0.48

Provides the highest delta and an extra month of duration, giving the trade maximum breathing room.

Buy: Buy when the underlying LLY stock drops to $1250.

Sell: Sell when the contract premium increases by 50% or the underlying stock falls below $1190.

Premium $34.53 · Break-even $1,373.53 · Δ 0.34

Offers a balanced risk-to-reward ratio for a 2026 bullish outlook, targeting a level LLY should easily clear if its pipeline execution remains strong.

Buy: LLY price stabilizes above 1230.00.

Sell: The option value doubles or the underlying stock hits 1350.00.

Premium $56.96 · Break-even $1,333.46 · Δ 0.48

A deep-in-time option with a solid 0.48 delta that captures maximum upside exposure through late 2026.

Buy: LLY trades in the 1220.00-1250.00 range.

Sell: The option premium gains 40% or LLY stock reaches the target of 1350.00.

Premium $34.55 · Break-even $1,387.05 · Δ 0.34

This contract offers a reasonable price point for an October 2026 OTM call, providing plenty of time for the underlying to surpass the strike.

Buy: Buy if LLY shows signs of rebound and support consolidation near $1230.

Sell: Sell if the premium gains 60% or if the underlying stock drops below $1170.

Premium $56.44 · Break-even $1,336.94 · Δ 0.48

High delta of 0.48 combined with a later expiry in October 2026 provides a highly robust vehicle for long-term upside.

Buy: Buy if the contract premium softens to $52.00.

Sell: Sell if the contract premium increases by 50% or the stock breaks its SMA50 support.

Premium $57.15 · Break-even $1,344.65 · Δ 0.48

Provides excellent risk-reward with extra duration to weather any short-term consolidation before the bullish trend resumes.

Buy: Buy if stock drops below $1240 or premium falls below $52.00.

Sell: Sell if stock reaches $1380 or premium reaches $110.00.

Premium $34.90 · Break-even $1,404.90 · Δ 0.34

Decent exposure but premium is elevated relative to the 1306 strike contract, yielding less attractive risk-reward profile.

Buy: Underlying share price breaks out past $1281 with a strong volume spike.

Sell: Underlying share price hits $1380 or premium drops to $18.00.

Premium $34.99 · Break-even $1,394.49 · Δ 0.34

Provides a balanced risk-reward profile, offering a 0.34 delta for a moderately out-of-the-money strike with almost two years to expiration.

Buy: Buy when the underlying stock falls toward $1,230, or the premium dips to $31.50.

Sell: Sell when the underlying stock reaches the target price of $1,380 or the premium rises to $70.00.

Premium $33.93 · Break-even $1,377.43 · Δ 0.34

A balanced OTM option with decent delta and time value, suitable for capitalizing on a continuation of LLY's multi-year bull run.

Buy: Buy if the contract premium decreases to $30.00.

Sell: Sell if the premium reaches $60.00 or the underlying stock underperforms.

Premium $57.19 · Break-even $1,346.69 · Δ 0.48

Offers extra time value compared to the September contract, with a solid 0.48 delta for strong upside participation. This is the preferred choice for a long-term position.

Buy: Buy when the underlying stock experiences a brief dip below $1250.

Sell: Sell when the underlying stock reaches $1420 or the contract premium gains 80%.

Premium $34.46 · Break-even $1,387.46 · Δ 0.34

Provides a higher leverage opportunity with more time to expiration, though the strike is still significantly out-of-the-money. Best suited for high risk tolerance.

Buy: Buy if the underlying stock price breaks and holds above $1280.

Sell: Sell if underlying stock violates key support at $1170.

Premium $34.61 · Break-even $1,397.61 · Δ 0.34

A balanced OTM LEAPS option with longer duration to weather potential near-term consolidations.

Buy: Buy when LLY trades near 1240.00 during a market pullback.

Sell: Sell when LLY stock trades above 1370.00 or if premium drops below 17.00.

Premium $34.57 · Break-even $1,385.07 · Δ 0.34

A speculative out-of-the-money option that benefits from extended expiration to offset low delta risks.

Buy: Buy if stock trades below $1250 or premium falls below $30.00.

Sell: Sell if stock reaches $1380 or premium reaches $75.00.

Premium $57.53 · Break-even $1,356.53 · Δ 0.48

Deep LEAPS call providing excellent delta and an extra month of duration, capturing the full secular uptrend.

Buy: Buy when stock price trades in the 1220.00 to 1250.00 range.

Sell: Sell when stock reaches 1400.00 or if premium declines by 50%.

Premium $57.83 · Break-even $1,363.83 · Δ 0.48

Optimal LEAP choice offering higher delta and extra time value to ride out any short-term momentum consolidations.

Buy: Underlying share price drops below $1270.

Sell: Underlying share price reaches $1380 or premium falls below $30.00.

Premium $56.34 · Break-even $1,325.84 · Δ 0.48

With a 0.48 delta and longer expiry, this option offers a robust bullish exposure with more time for LLY to break past its 52-week high.

Buy: Buy if LLY stock remains above 1230.00 USD and premium is near 56.00 USD.

Sell: Sell if the premium appreciates to 95.00 USD or LLY hits its stop-loss level.

Premium $36.76 · Break-even $1,380.26 · Δ 0.35

This contract has a relatively high break-even price of $1380.26, which makes it less compelling compared to the lower strike options on the same expiration.

Buy: Buy if LLY breaks out decisively above $1280.00 on high volume or premium falls below $30.00.

Sell: Sell if LLY drops below $1180.00 or the premium reaches $65.00.

Premium $32.61 · Break-even $1,314.11 · Δ 0.34

An OTM option for late 2026 that allows investors to capitalize on potential future earnings surprises over the next two years.

Buy: Buy when the stock establishes a clear short-term base above $1190.00 with premium around $32.50.

Sell: Sell when the stock price rises to $1280.00 or the option premium increases by 50%.

Premium $34.31 · Break-even $1,378.81 · Δ 0.34

A balanced OTM position with extra time value compared to the September contract, mitigating near-term consolidation risk.

Buy: Buy if LLY stays above 1245.00 during the next weekly close.

Sell: Sell if the premium reaches 65.00 or if LLY breaks below the 50-day SMA of 1183.77.

Premium $34.20 · Break-even $1,377.20 · Δ 0.34

Slightly more defensive long-term OTM play with more time to recover than the September equivalent.

Buy: Buy when the stock shows renewed high-volume upward momentum.

Sell: Sell when premium drops below $17.10.

Premium $34.06 · Break-even $1,371.06 · Δ 0.34

A balanced, long-dated choice that captures the October expiry, giving LLY ample time to absorb current resistance and push toward the 1337 strike.

Buy: Buy when LLY stock breaks and closes above the 1260.00 resistance level.

Sell: Sell when the option premium doubles or the stock price reaches the 1350.00 target.

Premium $56.25 · Break-even $1,330.75 · Δ 0.48

With an extra month of duration and a higher delta of 0.48, this contract provides the best risk-adjusted path to capture LLY's continuation trend.

Buy: Buy when LLY consolidates near the 1230.00 level.

Sell: Sell when LLY stock reaches 1360.00 or if the option loses 40% of its purchase value.

Premium $34.03 · Break-even $1,370.53 · Δ 0.34

A balanced intermediate position that offers a reasonable 0.34 delta for a moderate cost, giving LLY plenty of time to breach its 52-week high and rise further.

Buy: Buy when LLY trades above 1240.00 with positive daily MACD momentum.

Sell: Sell when LLY stock reaches 1350.00 or if LLY drops below 1180.00.

Premium $32.58 · Break-even $1,313.58 · Δ 0.34

This contract balances higher-strike leverage with extra duration to October 2026, ideal for capturing the next major growth leg.

Buy: The underlying stock successfully tests the 50-day moving average of 1184.67 and bounces.

Sell: The underlying stock reaches 1300.00 or the option premium declines by 40%.

Premium $54.08 · Break-even $1,275.08 · Δ 0.48

This October 2026 call has a solid 0.48 delta and offers slightly more time value, making it a safer long-term holding.

Buy: The underlying stock exhibits a bullish MACD crossover on the daily chart.

Sell: The underlying stock reaches 1300.00 or the option premium falls below 35.00.

Premium $55.86 · Break-even $1,319.86 · Δ 0.48

The October 2026 expiration provides an extra month of cushion, reducing immediate theta decay risks for a steady trend-following trade.

Buy: Buy when LLY stock price consolidates near $1,220.00.

Sell: Sell when LLY stock price reaches $1,350.00 or the option value increases by 45%.

Premium $33.66 · Break-even $1,359.66 · Δ 0.34

A highly leveraged leverage play with extended duration, allowing ample time for the stock to surpass its current 52-week highs.

Buy: Buy when LLY trades above $1,230.00 on a daily close.

Sell: Sell when LLY stock price reaches $1,350.00 or if the premium falls by 50%.

Premium $55.23 · Break-even $1,313.73 · Δ 0.48

Featuring a higher delta of 0.48 and extra duration, this contract provides solid, conservative exposure to the long-term pharmaceutical demand story.

Buy: Underlying LLY pulls back toward the SMA20 support near 1205.00.

Sell: Underlying stock price hits 1320.00 or the contract premium reaches 82.00.

Premium $33.23 · Break-even $1,353.23 · Δ 0.34

A balanced OTM play that benefits from more time value, allowing the drug pipeline and quarterly earnings to drive the stock past the strike.

Buy: Underlying LLY sustains a daily close above 1235.00.

Sell: Underlying stock price hits 1320.00 or the contract premium rises to 55.00.

Premium $54.12 · Break-even $1,287.62 · Δ 0.48

Offers the highest delta (0.48) and an extra month of expiry compared to September, providing a solid cushion for the bullish thesis.

Buy: Buy when LLY shares bounce from the 1200.00 level.

Sell: Sell if the underlying hits 1320.00 or if the premium drops below 35.00.

Premium $32.48 · Break-even $1,326.48 · Δ 0.34

A moderate-delta (0.34) call option with extra time-to-expiry, balancing premium costs and upside potential.

Buy: Buy when the stock breaks out above 1215.00 on expanding volume.

Sell: Sell when the stock achieves the 1320.00 target or if the premium drops below 20.00.

Premium $54.22 · Break-even $1,267.72 · Δ 0.48

This option provides the highest delta (0.48) and the furthest expiration among the choices, offering the safest long-term risk-adjusted return.

Buy: LLY shares are acquired in the 1175-1195 range.

Sell: Underlying LLY shares break out to 1270 or momentum indicators turn bearish on the weekly chart.

Premium $32.87 · Break-even $1,305.87 · Δ 0.34

While providing a long duration, the premium is relatively high compared to the September contract of the same strike, making it less optimal for immediate entry.

Buy: A pullback in premium price occurs, or LLY stock climbs firmly above 1200.

Sell: Underlying stock crosses 1270 or the option's implied volatility spikes significantly.

Premium $54.11 · Break-even $1,275.61 · Δ 0.48

Provides high delta exposure but commands a significantly higher premium relative to the September contract, making it a lower-value risk-reward option currently.

Buy: Buy if the contract premium falls below $50.00 during intraday pullbacks.

Sell: Sell when the underlying stock reaches $1280.00 or to rotate into a cheaper contract.

Premium $53.32 · Break-even $1,264.82 · Δ 0.48

With the highest delta (0.48) and longest duration among the options, this contract provides the most robust vehicle for long-term growth and protection against short-term volatility.

Buy: Buy during the current accumulation phase near the 1185.00 USD support level.

Sell: Sell if LLY hits the 1350.00 USD target or to lock in profits once the contract gains 75%.

Premium $32.02 · Break-even $1,303.02 · Δ 0.34

This contract provides an attractive risk-to-reward ratio for late 2026, capturing upside as LLY breaks out past its current 52-week high of 1280.34.

Buy: Buy if the stock maintains support above 1180.00 USD for consecutive trading sessions.

Sell: Sell if LLY rises past 1320.00 USD or if the premium appreciates by 90%.

Premium $53.04 · Break-even $1,263.54 · Δ 0.48

Offering a solid 0.48 delta and an extra month of duration, this option represents the most balanced risk-reward profile for long-term LLY bulls.

Buy: Buy when the underlying stock is trading between 1180.00 USD and 1190.00 USD.

Sell: Sell when the contract premium reaches 95.00 USD or if the underlying stock falls below 1140.00 USD.

Premium $31.94 · Break-even $1,301.44 · Δ 0.34

An OTM LEAP option with late 2026 expiry that benefits significantly from implied volatility expansion and a long-term upward trend.

Buy: Buy when the stock price breaks and holds above 1195.00 USD on volume.

Sell: Sell when the premium reaches 60.00 USD or if the underlying stock falls below 1145.00 USD.

Premium $35.05 · Break-even $1,363.55 · Δ 0.34

Out-of-the-money option with moderate premium; better to hold until momentum confirms a breakout past 1280.

Buy: Buy if LLY breaks and holds above 1280.

Sell: Sell if the stock falls below 1180 or if the option premium depreciates to 17.50.

Premium $57.41 · Break-even $1,323.91 · Δ 0.48

Slightly longer duration than the September contracts, offering a higher delta of 0.48 for better exposure to upward price moves.

Buy: Buy if LLY stock price is within the 1230 to 1245 range.

Sell: Sell if LLY price reaches the 1350 target or if the premium drops by 50%.

Premium $56.60 · Break-even $1,337.10 · Δ 0.48

Provides the highest delta and longest duration among the 1280.5 strikes, offering strong protection against short-term volatility.

Buy: Buy when the stock is between $1220 and $1250.

Sell: Sell when the underlying stock target of $1350 is reached or the premium drops by 40%.

Premium $35.01 · Break-even $1,360.51 · Δ 0.34

Strikes a healthy balance between risk and reward, offering a 0.34 delta with over 18 months of expiry to absorb any near-term consolidation.

Buy: Buy when the underlying stock maintains support above 1220.00.

Sell: Sell when the underlying stock hits 1320.00 or the contract premium gains 50%.

Premium $57.44 · Break-even $1,326.44 · Δ 0.48

This option provides the longest available duration and a high delta of 0.48 to capture maximum upside. The premium is higher but offers safer long-term holding with less theta decay.

Buy: Buy when LLY trades between 1200 USD and 1240 USD.

Sell: Sell if the option premium gains 80% or if the underlying closes below 1160 USD.

Premium $34.92 · Break-even $1,366.42 · Δ 0.34

A balanced long-dated OTM option that captures late 2026 upside at a lower entry price than the 1269 strike. It allows the bullish thesis plenty of time to play out.

Buy: Buy when LLY price sustains above 1220 USD on the daily chart.

Sell: Sell when the premium doubles to approximately $70.00 or if LLY drops below 1160 USD.

Premium $57.37 · Break-even $1,320.87 · Δ 0.48

An optimal choice offering a high 0.48 delta and extra duration into late 2026, shielding the position from near-term market fluctuations.

Buy: Buy when the underlying stock price trades between 1220.00 and 1240.00.

Sell: Sell when the underlying stock climbs above 1330.00 or the premium achieves a 40% gain.

Premium $57.40 · Break-even $1,330.90 · Δ 0.48

Offers the highest delta in this set at 0.48 and provides the longest duration, maximizing the probability of reaching the break-even level.

Buy: The stock price pulls back to the entry zone between 1210.00 USD and 1230.00 USD.

Sell: The underlying stock price reaches 1380.00 USD or the contract premium gains 50%.

Premium $35.06 · Break-even $1,370.56 · Δ 0.34

Though it provides good duration, the premium of 35.06 USD is relatively expensive compared to the September contract of the same strike, lowering the risk-reward ratio.

Buy: The option premium retraces below 30.00 USD during a market pullback.

Sell: The contract premium reaches 60.00 USD or the stock drops below the 50-day SMA.

Premium $56.93 · Break-even $1,328.93 · Δ 0.48

High delta LEAP option providing solid exposure to sustained long-term upside with an extra month of expiry.

Buy: Buy when LLY trades between $1230 and $1250.

Sell: Sell if LLY reaches $1350 or if the option price drops by 40%.

Premium $34.63 · Break-even $1,368.63 · Δ 0.34

A moderate risk-reward LEAP play for October 2026, benefiting from extended time to expiration at a lower cost than the ITM equivalents.

Buy: Buy when LLY exhibits strong momentum above $1250.

Sell: Sell if LLY breaches $1330 or if the underlying drops below $1180.

Premium $53.79 · Break-even $1,266.79 · Δ 0.48

This contract offers a solid 0.48 delta and an extra month of duration, making it a resilient vehicle for riding LLY's long-term upward trajectory.

Buy: Buy when the underlying stock holds the 1185 support level and MACD lines begin to converge.

Sell: Sell when the target stock price of 1280 is reached or if the premium loses 40% of its value.

Premium $32.45 · Break-even $1,304.95 · Δ 0.34

While this contract provides extra time, the high premium relative to the September equivalent reduces its risk-reward ratio.

Buy: Buy only if the option premium drops below $28.00 during a market pullback.

Sell: Sell if the stock surpasses 1280 or if LLY breaks below 1140.

Premium $56.83 · Break-even $1,256.33 · Δ 0.49

Attractive LEAP Call with almost 0.50 delta, benefiting from extended time to maturity for LLY to realize growth.

Buy: Buy when the stock price breaks above the SMA50 at 1185.59 USD.

Sell: Sell if the stock price drops below 1120.00 USD.

Premium $22.23 · Break-even $1,049.27 · Δ -0.25

Provides a generous safety margin with an implied break-even of 1049.27, which is below the critical 200-day SMA support.

Buy: Write the put when LLY's RSI dips below 40 or stock trades near 1130.

Sell: Buy back to close if premium decays below 4.00 or stock support at 1050.00 fails.

Premium $35.98 · Break-even $1,302.98 · Δ 0.35

A moderate delta option (0.35) that offers a balanced premium-to-leverage ratio for bullish traders targeting new all-time highs by late 2026.

Buy: Buy when LLY shows daily MACD histogram ticking upwards.

Sell: Sell when LLY target of 1280.00 is met.

Premium $49.54 · Break-even $1,110.96 · Δ -0.40

Buying this protective put has a high premium drag ($49.54) and is inefficient unless expecting a major trend reversal below the SMA200.

Buy: Buy only if LLY closes below 1150.00 on consecutive days.

Sell: Sell if LLY recovers above 1200.00.

Premium $35.03 · Break-even $1,286.53 · Δ 0.35

Provides slightly longer-dated exposure to LLY's growth story at a lower premium cost than the deeper in-the-money options.

Buy: Buy when the underlying stock moves above $1175 on positive daily momentum.

Sell: Sell to close if the underlying stock reaches $1250 or if premium declines by 50%.

Premium $56.33 · Break-even $1,249.33 · Δ 0.49

This contract offers an attractive 0.49 delta with extra time value, giving LLY ample runway to recover and target $1250.

Buy: Buy when LLY shows sign of stabilization above $1165.

Sell: Sell to close when the underlying price touches the target of $1250 or drops below $1110.

Premium $42.97 · Break-even $1,086.03 · Δ -0.39

Slightly longer duration than the Sept contract yields a higher premium of 42.97, lowering the break-even to 1086.03.

Buy: Write the contract if LLY trades near 1135 to capture elevated implied volatility.

Sell: Buy back to close if premium drops to 10.00 or if LLY stock breaks below 1050.00.

Premium $56.28 · Break-even $1,247.78 · Δ 0.49

Highly liquid and near-ATM LEAPS call with nearly 50 delta, offering a great balance of risk and reward for a long-term bull trend.

Buy: Underlyer stabilizes around 1160 or premium drops below 52.00.

Sell: Underlyer exceeds 1240 or premium reaches 85.00.

Premium $26.91 · Break-even $1,067.09 · Δ -0.26

Deep out-of-the-money put with low probability of profit given LLY's robust fundamentals and 200-day SMA cushion.

Buy: Do not buy under normal market conditions.

Sell: Sell immediately if currently held to minimize premium decay.

Premium $35.71 · Break-even $1,292.21 · Δ 0.35

An attractive mid-delta long call option providing a balanced risk-reward profile for long-term expansion.

Buy: Buy when LLY holds the $1150 support level.

Sell: Sell when LLY climbs to $1260.

Premium $49.38 · Break-even $1,110.62 · Δ -0.40

An expensive bearish option that faces strong immediate support at current price levels and the 50-day SMA.

Buy: Underlying LLY stock price registers a daily close below 1150.00.

Sell: Underlying LLY stock price rises back above 1200.00.

Premium $26.45 · Break-even $1,058.05 · Δ -0.26

An out-of-the-money put with high premium decay risk during a stock consolidation phase.

Buy: Avoid buying unless hedging a massive long-term portfolio position.

Sell: LLY stock stays above $1150 or climbs higher.

Premium $27.29 · Break-even $1,073.71 · Δ -0.26

Bearish protection with a low delta of -0.26, which is highly likely to decay as LLY consolidates and resumes its uptrend.

Buy: Underlying LLY stock price drops below 1120.00.

Sell: Underlying LLY stock price rebounds back to the SMA50 of 1185.74.

Premium $35.92 · Break-even $1,302.42 · Δ 0.35

Offers long-term leverage to play a major upside expansion through late autumn 2026.

Buy: Underlying LLY stock price breaks and holds above 1200.00.

Sell: Underlying LLY stock price reaches target of 1300.00.

Premium $48.28 · Break-even $1,094.72 · Δ -0.40

An expensive put option with high premium that is highly likely to lose value as the stock recovers from oversold levels.

Buy: Avoid buying unless expecting a deep market-wide correction.

Sell: LLY stock climbs back to $1200.

Premium $57.43 · Break-even $1,264.93 · Δ 0.49

Captures a longer-duration horizon, providing more time for the near-term consolidation to resolve to the upside.

Buy: Underlying LLY stock price bounces convincingly off the 50-day SMA of 1185.74.

Sell: Underlying LLY stock price reaches 1280.00.

Premium $26.70 · Break-even $1,065.30 · Δ -0.26

Extremely low probability bearish bet that will suffer from theta decay as the stock stabilizes above 1150.

Buy: Do not buy under current market conditions.

Sell: Sell to close immediately to preserve remaining capital.

Premium $48.53 · Break-even $1,101.97 · Δ -0.40

Puts are counter to the prevailing long-term uptrend and are expected to decay as LLY finds support near 1170.

Buy: Avoid buying unless the stock breaks below the SMA200 at 1059.

Sell: Sell to close if already held to prevent further premium loss.

Premium $35.20 · Break-even $1,291.20 · Δ 0.35

A higher-strike option with ample time to expiration, offering a balanced risk-to-reward ratio for a long-term bullish outlook.

Buy: Buy if LLY breaks out past the SMA20 at 1202.

Sell: Sell when LLY tests its 52-week high of 1280.

Premium $34.90 · Break-even $1,282.90 · Δ 0.35

This call provides a balanced risk-reward profile to play a 2026 price target well above $1300.

Buy: LLY stock is below $1170.

Sell: LLY stock reaches $1280.

Premium $48.34 · Break-even $1,102.66 · Δ -0.40

Paying a massive premium for a protective put is inefficient when the stock shows solid support above 1150.00 USD.

Buy: Buy only if the broader market indexes enter a confirmed bear market regime.

Sell: Sell if LLY undergoes a rapid technical rebound back above 1200.00 USD.

Premium $26.54 · Break-even $1,065.96 · Δ -0.26

Buying this far out-of-the-money put relies on an extreme downside scenario that is statistically improbable for LLY.

Buy: Buy only if there is a major regulatory ban on GLP-1 agonists.

Sell: Sell when panic subsides and the stock holds the 1000.00 USD psychological support.

Premium $56.33 · Break-even $1,254.33 · Δ 0.49

With an extra month of theta compared to the September contract and a high delta of 0.49, this offers the best risk-adjusted upside potential.

Buy: Buy when the underlying price stabilizes above 1170.00 USD and MACD begins to narrow its bearish gap.

Sell: Sell when the underlying stock reaches 1260.00 USD or if the premium drops below 28.00 USD.

Premium $56.20 · Break-even $1,245.70 · Δ 0.49

An outstanding long-term bull option with an extra month of expiry to capture LLY's secular growth beyond the current pullback.

Buy: LLY stock is trading below $1170.

Sell: LLY stock surpasses $1280.

Premium $26.60 · Break-even $1,061.40 · Δ -0.26

This put is highly unlikely to yield profit given LLY's solid fundamentals and strong support above the $1059.76 SMA200.

Buy: Buy only if LLY falls below $1100 with massive volume, indicating a structural trend reversal.

Sell: Sell to close if the stock price rises above $1200.

Premium $34.88 · Break-even $1,291.88 · Δ 0.35

This option offers reasonable leverage to capture the next wave of drug pipeline catalysts with more than 18 months of time-value.

Buy: Buy when the underlying stock crosses back above the 20-day SMA of 1202.53 USD.

Sell: Sell when the underlying stock reaches 1270.00 USD.

Premium $48.45 · Break-even $1,098.05 · Δ -0.40

Buying this put is counter to our bullish thesis, as LLY's long-term trend supports the stock well above this strike.

Buy: Buy only if there is a broader market sell-off and LLY breaks below $1130.

Sell: Sell to close if the stock recovers to $1180 or if contract value declines by 30%.

Premium $56.50 · Break-even $1,254.00 · Δ 0.49

This call provides extensive time value and a high delta of 0.49 to capture the full recovery cycle back to new highs.

Buy: Buy when LLY price closes above 1180, confirming a bounce from support.

Sell: Sell if the stock hits our 1250 target or if the premium loses 25% of its value.

Premium $48.78 · Break-even $1,103.72 · Δ -0.40

A speculative bearish bet that is highly likely to lose value as long-term support levels hold.

Buy: Do not buy unless stock falls below 1150.00 USD with rising volume.

Sell: Sell if LLY reclaims its 50-day SMA of 1185.59 USD.

Premium $35.34 · Break-even $1,293.84 · Δ 0.35

An OTM call offering balanced leverage with extra duration to weather current near-term consolidation.

Buy: Buy when LLY shows positive momentum with a daily close above 1190.00 USD.

Sell: Sell if the underlying stock falls below 1120.00 USD.

Premium $26.47 · Break-even $1,060.03 · Δ -0.26

Low-delta put is overpriced due to current market volatility and represents a bad long position given the strong 200-day SMA support.

Buy: Underlyer cracks key support at 1100.

Sell: Underlyer stabilizes above 1180 or premium drops below 15.00.

Premium $48.30 · Break-even $1,096.70 · Δ -0.40

Put option with high premium is expensive and likely to decay as LLY establishes support and begins recovering.

Buy: Underlyer drops below 1120.

Sell: Underlyer moves above 1190 or premium falls below 30.00.

Premium $34.97 · Break-even $1,284.97 · Δ 0.35

OTM call with extended expiry to October 2026, giving more time to ride LLY's next major leg up.

Buy: Underlyer surpasses 1180 or premium goes below 30.00.

Sell: Underlyer reaches 1280 or premium reaches 60.00.

Premium $34.88 · Break-even $1,279.88 · Δ 0.35

Moderately out-of-the-money call option capitalizing on a move back to previous highs.

Buy: Buy when LLY underlying stock is below 1165 USD.

Sell: Sell when LLY underlying stock hits 1250 USD.

Premium $47.95 · Break-even $1,092.55 · Δ -0.40

Expect stock to rebound from current oversold conditions, causing this put to decline in value.

Buy: Buy only if LLY drops below 1120 USD.

Sell: Sell when LLY rallies to 1200 USD.

Premium $26.19 · Break-even $1,055.81 · Δ -0.26

Unfavorable risk-reward for long put holders due to strong support levels around 1100 USD.

Buy: Buy only if LLY falls below 1100 USD.

Sell: Sell when LLY rises above 1200 USD.

Premium $25.93 · Break-even $1,065.07 · Δ -0.26

Out-of-the-money put with slightly more premium value but represents a counter-trend bet that is risky for long-term holding.

Buy: Buy if LLY experiences a severe earnings miss or systemic market drawdown below 1100 USD.

Sell: Sell if LLY shows a solid recovery above 1190 USD.

Premium $34.92 · Break-even $1,280.42 · Δ 0.35

An attractive strike for capturing a larger mid-term upside swing while maintaining a lower capital outlay.

Buy: Buy when LLY clears the 50-day SMA at $1189.25 on high volume.

Sell: Sell when LLY approaches its 52-week high of $1280.

Premium $26.19 · Break-even $1,056.31 · Δ -0.26

Low delta put that acts as cheap catastrophe insurance but offers poor return-on-risk for direct directional trading.

Buy: Buy as a tail-risk hedge if LLY breaks below $1100.

Sell: Sell when LLY stabilizes above $1200.

Premium $26.39 · Break-even $1,050.11 · Δ -0.26

Deep out-of-the-money put with low probability of success given strong SMA200 support at 1060.63.

Buy: Do not buy unless looking for a very expensive tail-risk hedge.

Sell: Sell/exit if LLY rises back above 1180.00.

Premium $48.00 · Break-even $1,086.00 · Δ -0.39

Downside put option has inflated premiums that will likely decay as LLY recovers.

Buy: Buy only if the 50-day SMA crosses below the 200-day SMA.

Sell: Sell if LLY stock heads back above 1200.00 USD.

Premium $55.69 · Break-even $1,237.19 · Δ 0.49

With a 0.49 delta and longer expiry, this call option offers a highly robust long-term vehicle to ride the secular trend.

Buy: Buy when the stock price crosses above 1160 USD with increasing volume.

Sell: Sell when the stock price meets our target of 1240 USD.

Premium $34.57 · Break-even $1,274.07 · Δ 0.35

A highly leveraged out-of-the-money option well-suited for capturing significant upside beyond the current 52-week high over the long term.

Buy: Buy when LLY stabilizes above 1150 USD.

Sell: Sell when the option premium increases by 80% or if the stock drops below 1090 USD.

Premium $46.48 · Break-even $1,088.52 · Δ -0.39

Buying this long put is bearishly speculative and runs counter to Eli Lilly's strong fundamental and technical support levels.

Buy: Stock price falls below $1070.00 on massive institutional distribution.

Sell: Stock price recovers above $1180.00.

Premium $47.80 · Break-even $1,102.20 · Δ -0.40

Put option that benefits from an extended correction, but carries significant premium decay risk in a secular bull market.

Buy: Buy if LLY closes below the SMA50 at 1190.49 USD on high volume.

Sell: Sell if LLY rebounds to 1210 USD.

Premium $56.22 · Break-even $1,238.72 · Δ 0.49

Excellent long-term call option capturing LLY's recovery potential with a ~0.49 delta, benefiting strongly from an upcoming trend reversal.

Buy: Buy when LLY is priced below $1160 with the RSI hovering around 40.

Sell: Sell when LLY reaches $1250 or if the contract premium gains 50%.

Premium $53.85 · Break-even $1,236.85 · Δ 0.49

Highly attractive near-the-money LEAP call option providing ample time for LLY to surpass its previous highs.

Buy: Buy when stock price trades between 1140 and 1160.

Sell: Sell when stock climbs to 1300 or if it drops below 1060.

Premium $46.66 · Break-even $1,090.34 · Δ -0.39

Buying this long put is counter to our bullish recovery outlook as the stock approaches major support levels.

Buy: Do not buy unless LLY exhibits a major negative clinical trial update.

Sell: Sell when LLY stock climbs back above 1180.00.

Premium $25.23 · Break-even $1,053.77 · Δ -0.25

Deep OTM put with high premium decay risk as LLY has historical support far above this level.

Buy: Do not buy unless a broader market crash occurs.

Sell: Sell when LLY bounces from the 1100.00 level.

Premium $55.92 · Break-even $1,252.42 · Δ 0.49

Long-term CALL option offering a higher delta and extra time value to ride LLY's secular uptrend past its near-term correction.

Buy: Buy when the underlying stock drops into the 1150-1170 USD range.

Sell: Sell when LLY crosses above 1260 USD or if the premium doubles.

Premium $24.98 · Break-even $1,049.52 · Δ -0.25

Deep out-of-the-money put that is highly likely to expire worthless given LLY's strong long-term fundamentals.

Buy: Only to hedge extreme systemic tail risk if LLY drops below 1080 USD.

Sell: LLY stock moves back above 1200 USD.

Premium $46.36 · Break-even $1,086.14 · Δ -0.39

Expensive long-term protection; only useful for absolute downside risk mitigation during market weakness.

Buy: LLY breaches 1100 USD on high volume.

Sell: LLY stabilizes and starts trending back towards 1200 USD.

Premium $33.30 · Break-even $1,269.80 · Δ 0.35

Provides exposure to LLY's upside with higher leverage and extra time value, despite a lower 0.35 delta.

Buy: LLY stock trades below 1150 USD during this consolidation phase.

Sell: LLY rises to 1300 USD or option premium doubles.

Premium $54.34 · Break-even $1,232.84 · Δ 0.49

An excellent long-term call option with a high 0.49 delta and an extra month of duration to capture the recovery.

Buy: LLY stock stabilizes near 1145 USD with an RSI turning upwards.

Sell: LLY reaches 1320 USD or option premium gains 60%.

Premium $26.13 · Break-even $1,068.37 · Δ -0.26

Far out-of-the-money put with low delta, poised to lose value as the stock finds support above the SMA200.

Buy: Buy if LLY falls below 1120 USD.

Sell: Sell when LLY bounces back to 1180 USD or contract premium decays to 10.00 USD.

Premium $48.48 · Break-even $1,102.52 · Δ -0.39

An expensive bearish bet that faces significant decay headwinds against a historically resilient pharmaceutical leader.

Buy: Only buy if seeking a portfolio hedge against a severe biotech sector correction.

Sell: Sell to close if LLY breaks back above its 20-day SMA of 1205.20.

Premium $35.48 · Break-even $1,292.48 · Δ 0.35

An attractive call option for long-term investors seeking leveraged exposure to LLY's long-term targets at a reduced cost.

Buy: Buy when LLY successfully closes above its 50-day SMA of 1188.36.

Sell: Sell when LLY stock reaches the target price of 1260.00.

Premium $48.02 · Break-even $1,105.48 · Δ -0.40

A put contract that will lose value rapidly as long as LLY remains above its key 1150 USD support level.

Buy: Buy if LLY breaches 1150 USD on high volume.

Sell: Sell when LLY stabilizes above 1180 USD or contract premium falls by 50 percent.

Premium $35.19 · Break-even $1,273.69 · Δ 0.35

Decent leverage play for a recovery towards historical highs over a multi-month period.

Buy: Buy if LLY stock is under 1160.00 USD.

Sell: Sell if LLY stock reaches 1250.00 USD.

Premium $56.10 · Break-even $1,256.60 · Δ 0.49

An October 2026 Call option providing a slightly longer time horizon to capture the expected recovery.

Buy: Buy when LLY trades near 1165 USD.

Sell: Sell when LLY rises to 1255 USD or the premium increases by 40 percent.

Premium $56.38 · Break-even $1,236.88 · Δ 0.49

Offers a slightly longer runway than the early October contract with solid 0.49 delta.

Buy: Buy if LLY stock is between 1140.00 and 1160.00 USD.

Sell: Sell if LLY stock rises to 1260.00 USD.

Premium $34.66 · Break-even $1,294.16 · Δ 0.35

A speculative long-term Call option that captures significant upside if LLY retests its 52-week highs.

Buy: Buy when LLY spot price consolidates above 1175 USD.

Sell: Sell when LLY spot price hits 1260 USD or the contract premium doubles.

Premium $26.70 · Break-even $1,065.80 · Δ -0.26

This deep out-of-the-money Put is highly likely to decay to zero given LLY's robust support zones.

Buy: Do not purchase unless anticipating a total collapse in LLY's core product pipelines.

Sell: Sell to close if held to avoid further premium erosion as LLY stabilizes.

Premium $57.04 · Break-even $1,255.04 · Δ 0.49

Provides excellent long-term exposure with a near 0.50 delta, benefiting from LLY's dominant position in the GLP-1 market.

Buy: Buy if the underlying stock price consolidates around 1170.00.

Sell: Sell to close when the option premium increases by 40% from purchase price.

Premium $46.33 · Break-even $1,088.17 · Δ -0.39

This put position will suffer rapid time decay as LLY stabilizes above its key support ranges.

Buy: Buy only if LLY falls below 1100 USD on significant negative catalyst.

Sell: Sell when LLY rebounds back above 1180 USD.

Premium $33.43 · Break-even $1,274.93 · Δ 0.35

Slightly OTM call with good delta and extra time value, capturing potential upside to new highs.

Buy: Buy when LLY price recovers above the 20-day SMA of 1206.03.

Sell: Sell when LLY reaches 1300.00 or the premium rises by 60%.

Premium $35.25 · Break-even $1,271.25 · Δ 0.35

While offering longer duration, the high premium of 35.25 for a strike way out-of-the-money reduces the risk-reward profile.

Buy: Buy if LLY shows strong momentum with volume expansion above 1180.0.

Sell: Sell if price falls below 1100.0.

Premium $54.43 · Break-even $1,237.93 · Δ 0.49

Deep long-term call with slightly longer duration, capturing key earnings cycles through late 2026.

Buy: Buy when LLY stock dips to near 1140.00-1150.00 range.

Sell: Sell when LLY stock target of 1280.00 is achieved or contract premium appreciates by 80%.

Premium $34.47 · Break-even $1,289.97 · Δ 0.35

Moderately out-of-the-money long-term call with balanced risk-reward for capturing LLY's return to all-time highs over the next year.

Buy: Buy if LLY triggers a bullish MACD crossover on the daily chart.

Sell: Sell when LLY reaches 1270 USD or the option premium loses 40%.

Premium $35.22 · Break-even $1,275.22 · Δ 0.35

Lower premium entry for the October expiry, offering asymmetric upside if LLY returns to its previous highs.

Buy: Buy when LLY trades between $1140 and $1160 during consolidation.

Sell: Sell when LLY hits $1240 or if the premium declines by 40%.

Premium $48.08 · Break-even $1,087.92 · Δ -0.40

Unattractive for purchase as a hedge since LLY is nearing its short-term bottom, posing high risk of decay.

Buy: Buy only if LLY closes below $1120 on consecutive trading days.

Sell: Sell when LLY rises above $1200 or the premium falls by 25%.

Premium $26.45 · Break-even $1,051.55 · Δ -0.26

Buying this deep OTM put is highly speculative and likely to expire worthless given the strong long-term SMA200 buffer at $1060.

Buy: Buy only if LLY experiences a major structural breakdown below $1080.

Sell: Sell when LLY stabilizes and trends back above $1180.

Premium $54.31 · Break-even $1,235.31 · Δ 0.49

The optimal vehicle for maximum exposure, providing a 0.49 delta and additional time to ride out near-term volatility.

Buy: Stock price drops below $1150.00.

Sell: Stock price reaches the target of $1240.00.

Premium $33.29 · Break-even $1,272.29 · Δ 0.35

A liquid, long-dated out-of-the-money call option that benefits from extended duration to target $1240.00.

Buy: Stock price trades below $1140.00.

Sell: Stock price touches $1230.00 or option premium doubles.

Premium $25.07 · Break-even $1,051.93 · Δ -0.25

With the stock strongly supported by the SMA200 near $1062.00, this put will struggle to hold value.

Buy: Stock price closes daily below $1060.00.

Sell: Stock price rebounds above $1140.00.

Premium $24.83 · Break-even $1,053.67 · Δ -0.25

A very low delta put option which serves poorly as an investment but represents an expensive hedge.

Buy: Buy if the stock drops below the SMA200 at 1062.

Sell: Sell if the stock stabilizes above 1150 and starts moving upwards.

Premium $47.23 · Break-even $1,094.27 · Δ -0.39

Generates strong cash-secured income utilizing the stock's support around $1140.

Buy: Sell to open when LLY stock dips to $1150.

Sell: Buy to close when the option premium drops to $15.00.

Premium $55.16 · Break-even $1,243.16 · Δ 0.49

A high-conviction call that gains leverage as LLY returns to its historical upward trajectory with an extra month of expiry buffer.

Buy: Buy when LLY stock is under $1165 and showing daily stabilization.

Sell: Sell when LLY stock hits $1250 or premium reaches $80.00.

Premium $46.18 · Break-even $1,090.32 · Δ -0.39

An expensive bearish bet on a minor short-term pullback that will likely lose value as the stock consolidates and rebounds.

Buy: Buy if the stock breaches the 1100 level with heavy bearish volume.

Sell: Sell if the stock reverses and climbs back above 1200.

Premium $55.79 · Break-even $1,235.79 · Δ 0.49

High delta call with extra time value extending to late October 2026, allowing maximum time for LLY to resume its primary uptrend.

Buy: Buy when LLY stock tests the $1140.00 to $1150.00 range.

Sell: Sell when stock price reaches $1250.00 or contract premium rises by 50%.

Premium $34.81 · Break-even $1,272.31 · Δ 0.35

Provides a balanced risk-reward profile with a 0.35 delta and ample expiration runway.

Buy: Buy when stock price breaks above the 50-day SMA of $1188.00 on strong volume.

Sell: Sell when stock price touches $1260.00.

Premium $47.62 · Break-even $1,085.88 · Δ -0.39

Expecting LLY to remain above the $1133.5 strike by late October 2026, making this put a prime candidate to lose value.

Buy: Buy if stock falls below $1100.00 as a late momentum hedge.

Sell: Sell/write when stock rebounds above the 50-day SMA of $1188.00.

Premium $26.22 · Break-even $1,049.78 · Δ -0.26

Extremely safe buffer above the 200-day SMA makes this put highly likely to expire worthless.

Buy: Buy to close if stock closes below $1080.00.

Sell: Sell to open to capture high implied volatility, closing when premium drops under $5.00.

Premium $56.87 · Break-even $1,252.87 · Δ 0.49

A slightly longer duration contract that provides additional time for the bullish recovery thesis to play out.

Buy: Purchase when LLY stock trades in the $1140 to $1160 range.

Sell: Sell when LLY stock price reaches $1260.

Premium $35.33 · Break-even $1,290.33 · Δ 0.35

Provides a balanced leverage option with an extended expiration to capture growth beyond previous 52-week highs.

Buy: Purchase when LLY stock price is below $1160.

Sell: Sell when LLY stock price reaches $1260.

Premium $48.57 · Break-even $1,100.93 · Δ -0.40

This put is expensive and unlikely to yield profits given LLY's solid growth fundamentals and support structures.

Buy: Avoid purchasing unless there is a material change in LLY's clinical pipeline.

Sell: Exit if LLY stock price breaks above $1200.

Premium $26.59 · Break-even $1,063.91 · Δ -0.26

Highly unlikely to expire in the money; the premium decay will work rapidly against long holders of this put.

Buy: Do not purchase this contract.

Sell: Exit immediately if LLY stock price drops below $1110.

Premium $32.90 · Break-even $1,273.90 · Δ 0.34

OTM Call with over 1.5 years to expiry, presenting a strong risk-reward ratio for a growth stock like LLY.

Buy: Buy when the stock breaks out above the SMA50 at 1191.

Sell: Sell when the stock achieves 1350 or if premium cuts in half.

Premium $56.65 · Break-even $1,252.15 · Δ 0.49

Provides an extra month of duration over the early October contract, offering solid delta exposure for the recovery thesis.

Buy: Buy when LLY price stabilizes above 1175 USD with the RSI bouncing.

Sell: Sell when LLY underlying targets 1260 USD or the premium increases by 45%.

Premium $35.31 · Break-even $1,289.31 · Δ 0.35

A higher-volatility upside play that benefits from long-term recovery and volatility expansion.

Buy: Buy when LLY breaks above its SMA20 of 1207 USD.

Sell: Sell when LLY underlying hits 1270 USD or the premium doubles.

Premium $48.39 · Break-even $1,100.11 · Δ -0.39

Buying this Put option is an expensive hedge that is unlikely to perform if LLY's key support levels hold.

Buy: Buy when LLY drops below 1140 USD with heavy selling momentum.

Sell: Sell when LLY stabilizes near the SMA200 or the premium achieves a 40% gain.

Premium $26.61 · Break-even $1,063.39 · Δ -0.26

Highly speculative Put option with low probability of success unless a broad market sell-off occurs.

Buy: Buy when LLY falls below 1100 USD with high-volume breakdowns.

Sell: Sell when LLY touches its SMA200 at 1061 USD or the contract loses 50% value.

Premium $25.64 · Break-even $1,055.36 · Δ -0.26

Deep out-of-the-money put with high premium decay risk as LLY trends back toward its SMA50.

Buy: Avoid buying unless hedging a massive long-term position.

Sell: Underlying price crosses $1200.00.

Premium $47.11 · Break-even $1,091.89 · Δ -0.39

This put is expensive and expected to lose value as LLY rebounds off its current consolidation phase.

Buy: Avoid buying unless LLY breaks key support at $1100.00.

Sell: Underlying rises above $1190.00.

Premium $34.05 · Break-even $1,277.55 · Δ 0.35

Cheaper LEAPS call option that captures long-term growth towards the 52-week high of $1280.34.

Buy: Underlying price stabilizes near $1160.00.

Sell: Underlying breaches $1240.00 or premium gains 80%.

Premium $56.07 · Break-even $1,243.57 · Δ 0.49

Provides solid delta exposure with an extra month of duration compared to the early October contract, reducing near-term theta decay.

Buy: Buy when LLY price hits $1155 or RSI(14) begins to trend upward from 40.

Sell: Sell when LLY reaches $1250 or premium reaches $85.

Premium $34.09 · Break-even $1,280.09 · Δ 0.35

A speculative play for late October 2026 targeting a return to the peak range of $1280.

Buy: Buy when the stock triggers a MACD bullish crossover on the daily chart.

Sell: Sell when LLY stock hits $1260 or the option premium reaches $60.00.

Premium $47.94 · Break-even $1,093.06 · Δ -0.40

High premium put that acts as a short-term macro hedge, but holding it long is capital-intensive relative to its benefit.

Buy: Buy only if LLY closes below $1140 for two consecutive sessions.

Sell: Sell if LLY recovers above $1190 or if premium falls below $25.

Premium $25.58 · Break-even $1,057.42 · Δ -0.25

Extremely safe premium collection with a break-even below the critical $1062 200-day SMA support.

Buy: Sell to open when LLY trades in the $1140-$1165 range.

Sell: Buy to close when the premium decays to $8.00.

Premium $55.12 · Break-even $1,240.62 · Δ 0.49

High-delta long-term call offering robust leverage with extra time value extending into late October 2026.

Buy: LLY stock is between $1150.00 and $1165.00.

Sell: Underlying reaches $1250.00 or premium gains 60%.

Premium $56.03 · Break-even $1,243.03 · Δ 0.49

Slightly longer-dated call option offering solid delta for recovery play.

Buy: Buy when LLY underlying stock trades below 1165 USD.

Sell: Sell when LLY underlying stock reaches 1250 USD.