Eli Lilly (LLY) Options Chain

NYSE: LLYHealth CareBiotechnology: Pharmaceutical PreparationsUSD

1,179.27+9.67 (+0.83%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $1,179.27
Put/call ratio (OI): 1.34
Put/call ratio (volume): 1.59
ATM implied volatility: 38.7%
Expected move: ±$196.83
Open interest (C / P): 16.07K / 21.52K

LLY options summary

The LLY options chain for the December 18, 2026 expiration lists 111 call and 100 put contracts, with 68 days until expiration. Open interest stands at 16,071 calls and 21,521 puts, a put/call ratio of 1.34, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $1,180.00 strike is 38.7%, which implies the market expects a move of about ±$196.83 (16.7%) in Eli Lilly stock by expiration.

The most open interest sits at the $1,200.00 call (1.23K contracts) and the $1,100.00 put (1.07K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

LLY options chain · December 18, 2026

LLY calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
33	10	—	759.00	706.00	715.00	320.00	0.00	0.10	0.01	94.5%	7	997
1	1	—	746.51	751.00	759.00	330.00	0.00	4.90	0.04	140.3%	26	265
4	1	171.0%	830.33	830.20	848.00	340.00	0.00	10.10	2.28	154.2%	2	232
13	3	—	733.00	677.00	687.00	350.00	0.00	0.35	0.03	98.1%	1	84
25	1	—	658.45	766.80	780.30	360.00	0.00	0.10	0.01	86.1%	91	235
10	1	89.1%	772.40	800.75	818.00	370.00	0.00	4.90	0.02	128.3%	1	384
4	1	—	736.73	762.55	781.95	380.00	0.00	4.90	2.43	125.5%	23	138
17	7	—	550.45	758.05	773.60	390.00	0.00	4.90	0.08	122.8%	2	98
29	1	91.6%	789.64	771.00	788.10	400.00	0.00	0.10	0.15	78.7%	2	171
8	1	—	589.95	718.30	731.85	410.00	0.00	4.90	4.47	117.5%	1	309
22	1	—	599.40	708.35	724.10	420.00	0.00	4.90	0.15	115.0%	2	51
17	1	84.0%	705.55	741.00	758.00	430.00	0.00	2.44	1.10	102.0%	3	19
10	1	—	496.65	709.70	725.10	440.00	0.00	0.00	1.23	50.0%	10	0
4	1	—	404.54	591.00	600.00	450.00	0.00	4.90	0.05	107.9%	3	217
16	1	—	409.99	689.50	705.75	460.00	0.00	1.59	1.21	90.5%	54	42
13	3	84.3%	735.07	700.90	718.70	470.00	0.00	4.90	0.17	103.3%	1	31
26	1	—	404.57	671.70	684.45	480.00	0.00	0.00	1.44	50.0%	2	0
8	2	—	403.04	662.05	674.50	490.00	0.00	0.00	1.73	50.0%	72	0
21	5	83.9%	655.60	671.85	688.45	500.00	0.00	4.90	0.23	96.9%	48	404
10	1	—	369.45	558.00	566.00	510.00	0.00	4.90	0.70	94.9%	15	239
16	1	—	378.77	633.00	645.65	520.00	0.00	4.90	0.08	92.9%	6	366
36	1	—	411.70	623.65	636.25	530.00	0.00	1.42	1.55	76.7%	8	53
14	2	—	345.15	614.05	626.50	540.00	0.00	0.00	0.55	25.0%	1	0
17	2	71.1%	645.00	623.65	636.00	550.00	0.00	4.90	4.54	87.0%	1	120
54	2	70.9%	575.58	613.75	626.10	560.00	0.00	4.90	2.42	85.2%	3	88
11	1	66.8%	584.55	603.30	616.20	570.00	0.00	4.90	0.82	83.3%	12	133
19	1	197.1%	634.25	667.80	684.25	580.00	0.00	2.50	0.20	73.9%	5	149
43	1	—	354.85	565.85	578.50	590.00	0.00	4.90	0.57	79.8%	8	142
93	4	66.3%	584.37	573.60	586.50	600.00	0.00	2.45	1.00	70.5%	2	501
10	1	—	262.37	448.00	455.85	610.00	0.00	4.90	0.76	76.3%	78	128
11	1	183.7%	565.00	628.55	645.30	620.00	0.00	1.47	0.16	62.9%	1	381
45	1	180.6%	586.21	618.80	635.70	630.00	0.00	4.90	0.55	73.0%	6	377
0	5	—	583.11	0.00	0.00	640.00	0.00	1.38	0.59	59.6%	1	201
0	1	—	616.17	0.00	0.00	650.00	0.15	13.65	0.85	84.2%	1	236
79	1	170.7%	580.51	588.00	606.65	660.00	0.00	1.26	0.61	56.2%	1	413
17	1	167.6%	559.82	578.55	596.25	670.00	0.00	1.31	1.22	55.1%	8	206
128	4	167.3%	521.35	574.60	586.45	680.00	0.05	1.99	0.73	57.1%	1	66
31	10	—	422.00	372.80	378.80	690.00	0.00	1.67	1.08	54.2%	2	282
0	3	—	596.01	0.00	0.00	700.00	0.16	1.55	0.83	53.0%	1	384
0	4	—	453.25	0.00	0.00	710.00	0.00	1.68	0.72	51.6%	3	208
0	4	—	444.25	0.00	0.00	720.00	0.01	1.19	0.59	52.8%	2	158
0	2	—	534.30	0.00	0.00	730.00	0.05	1.21	0.66	51.6%	222	94
102	1	147.1%	484.49	510.45	525.95	740.00	0.13	1.07	0.68	49.4%	138	52
0	20	—	474.47	0.00	0.00	750.00	0.35	0.84	0.78	46.6%	30	307
46	1	54.8%	426.80	415.75	428.55	760.00	0.16	2.37	1.36	53.0%	15	80
0	12	—	463.13	0.00	0.00	770.00	0.24	2.44	1.49	51.9%	1	42
44	16	53.4%	399.74	396.20	409.00	780.00	0.41	2.50	1.67	50.8%	4	255
76	1	52.5%	345.78	386.15	399.45	790.00	0.51	2.95	1.83	50.9%	8	110
163	1	51.3%	361.45	377.20	388.55	800.00	0.11	3.05	2.07	49.8%	4	783
24	1	51.4%	345.57	367.50	379.40	810.00	0.40	3.50	1.52	49.7%	8	119
31	8	60.6%	334.93	357.25	369.15	820.00	0.28	3.60	1.73	48.6%	4	166
40	2	58.4%	379.70	347.40	358.80	830.00	1.24	4.30	3.55	48.9%	1	389
108	2	58.4%	320.76	337.65	349.90	840.00	1.20	4.45	2.96	47.8%	2	106
73	2	57.5%	314.87	328.05	340.35	850.00	1.72	4.80	3.24	47.2%	2	959
84	2	56.4%	305.08	318.75	330.80	860.00	3.00	4.10	3.90	44.3%	1	101
74	1	54.4%	310.88	308.95	320.45	870.00	2.60	4.50	4.25	43.8%	8	196
85	3	53.7%	283.35	299.50	311.20	880.00	3.00	7.40	4.95	47.5%	2	194
164	1	53.6%	272.35	290.05	302.45	890.00	3.95	6.95	5.20	45.4%	2	362
157	11	50.7%	262.98	280.85	291.30	900.00	4.00	6.75	5.00	43.6%	17	520
365	4	51.2%	235.53	265.50	274.65	920.00	5.15	9.45	5.80	44.5%	11	397
141	1	49.7%	237.45	247.25	256.45	940.00	7.15	8.55	8.40	40.4%	27	442
52	5	48.1%	210.75	226.45	238.35	960.00	9.50	10.50	9.97	39.8%	12	333
271	1	46.1%	222.93	209.40	220.00	980.00	9.50	14.90	12.75	41.1%	4	502
845	11	45.8%	197.95	191.95	204.00	1,000.00	13.95	16.55	14.95	39.4%	39	920
146	8	44.2%	179.30	178.55	186.65	1,020.00	17.70	20.30	18.84	39.1%	133	567
147	32	43.1%	142.10	160.40	170.40	1,040.00	20.75	25.75	23.01	39.5%	10	519
122	8	42.1%	128.35	146.10	154.80	1,060.00	25.95	29.70	27.90	38.5%	5	464
132	9	42.0%	123.80	131.35	141.20	1,080.00	31.40	35.65	34.50	38.4%	1	473
852	16	40.6%	110.95	118.15	126.00	1,100.00	36.55	42.00	40.10	38.0%	8	1,074
282	54	39.9%	110.04	104.20	112.50	1,120.00	45.20	51.00	48.23	38.7%	2	377
16	4	40.4%	103.25	100.50	107.80	1,130.00	47.65	55.20	51.70	38.7%	7	79
180	5	41.0%	99.25	94.95	103.55	1,140.00	49.35	60.30	56.71	39.0%	10	165
109	8	40.9%	93.05	84.90	97.95	1,150.00	55.55	63.80	68.00	38.4%	1	72
234	15	39.0%	87.84	81.00	89.00	1,160.00	58.75	69.65	68.45	39.0%	2	413
LLY $1,179.27
307	111	39.6%	78.50	71.00	80.55	1,180.00	71.25	77.50	75.90	37.8%	15	142
1,232	26	38.6%	68.00	65.25	69.60	1,200.00	82.15	88.65	84.65	37.8%	19	770
601	4	40.3%	60.20	56.05	64.85	1,220.00	93.40	102.10	116.00	38.5%	2	60
541	51	39.2%	52.50	51.40	55.30	1,240.00	105.15	115.70	134.04	39.0%	1	74
490	27	38.5%	45.80	41.50	47.35	1,260.00	120.00	129.20	143.45	39.1%	34	143
246	7	40.6%	38.45	35.20	45.30	1,280.00	132.10	143.05	131.55	39.1%	6	18
785	4	40.4%	33.63	29.70	39.45	1,300.00	146.75	155.60	144.85	37.9%	20	104
140	3	38.9%	27.99	26.20	31.75	1,320.00	161.55	170.90	161.20	37.9%	2	11
287	14	39.0%	25.35	23.00	27.80	1,340.00	177.60	187.45	178.20	38.4%	8	12
424	126	39.6%	15.65	18.00	24.95	1,360.00	193.50	204.60	194.75	39.0%	2	5
440	5	37.9%	16.30	16.35	19.05	1,380.00	209.75	221.55	242.75	39.1%	2	6
829	19	38.6%	15.60	14.00	17.15	1,400.00	0.00	0.00	188.60	—	4	0
237	35	38.6%	12.93	11.70	14.65	1,420.00	245.40	256.95	301.54	39.9%	2	6
299	3	38.9%	9.45	9.95	12.85	1,440.00	263.55	275.30	253.45	40.4%	10	5
230	1	38.3%	9.60	6.90	10.30	1,460.00	282.10	294.35	269.70	41.5%	26	7
165	8	38.6%	7.10	6.50	9.00	1,480.00	301.00	312.90	311.45	41.9%	4	3
486	2	38.9%	6.34	5.85	7.85	1,500.00	320.20	332.45	300.30	43.1%	5	9
179	8	39.9%	5.40	5.00	7.35	1,520.00	339.60	351.70	341.75	44.0%	6	5
97	2	42.8%	5.20	4.00	8.50	1,540.00	359.10	370.55	378.03	44.4%	2	0
44	3	41.1%	5.65	2.00	6.10	1,560.00	377.70	390.20	370.10	45.5%	4	0
65	5	41.1%	3.77	1.90	5.20	1,580.00	397.60	410.00	349.50	46.8%	2	0
120	1	39.3%	2.40	2.42	3.45	1,600.00	417.60	429.95	412.13	48.1%	3	0
69	1	41.5%	2.75	1.81	3.90	1,620.00	—	—	—	—	—	—
137	1	40.4%	2.61	1.69	2.87	1,640.00	—	—	—	—	—	—
1,034	3	41.3%	1.90	0.89	2.75	1,660.00	473.60	487.65	541.04	49.2%	1	1
23	2	42.9%	1.95	0.42	2.93	1,680.00	—	—	—	—	—	—
22	10	47.1%	2.98	0.17	4.25	1,700.00	0.00	0.00	437.28	—	3	0
31	2	45.2%	2.22	0.00	2.91	1,720.00	—	—	—	—	—	—
34	2	47.9%	2.05	0.00	3.55	1,740.00	483.45	498.60	588.70	—	1	0
23	7	47.4%	2.51	0.00	2.92	1,760.00	0.00	0.00	494.10	—	1	0
57	6	47.7%	2.00	0.42	2.64	1,780.00	—	—	—	—	—	—
114	1	48.0%	1.21	0.00	2.39	1,800.00	—	—	—	—	—	—
39	3	48.5%	1.17	0.00	2.25	1,820.00	—	—	—	—	—	—
61	2	49.1%	1.23	0.00	2.12	1,840.00	—	—	—	—	—	—
4	2	49.7%	1.13	0.00	2.00	1,860.00	—	—	—	—	—	—
53	—	53.8%	1.10	0.00	3.00	1,880.00	—	—	—	—	—	—
46	36	44.3%	0.40	0.00	0.62	1,900.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the LLY put/call ratio?

For the December 18, 2026 expiration, the LLY put/call ratio based on open interest is 1.34 (21,521 puts vs 16,071 calls), and 1.59 based on today's volume. A ratio above 1 means more puts than calls.

What is LLY's implied volatility?

At-the-money implied volatility for LLY options expiring December 18, 2026 is about 38.7%, an annualized estimate of how much the market expects Eli Lilly stock to move.

How many LLY option expiration dates are there?

LLY has 18 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.