Eli Lilly & Co. (LLY) calls swept up on unconfirmed takeover chatter
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Eli Lilly & Co. (NYSE: LLY) July weekly 80 and July 80.5 calls are active on total call volume of 7K contracts (1K puts) on unconfirmed takeover chatter. July weekly call option implied volatility is at 27, July is at 23; compared to its 52-week range of 19 to 41.
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