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: Apr 16, 2027
Days to expiration: 187
Share price: $1,179.27
Put/call ratio (OI): 2.08
Put/call ratio (volume): 1.63
ATM implied volatility: 38.6%
Expected move: ±$325.73
Open interest (C / P): 1.19K / 2.47K

LLY options summary

The LLY options chain for the April 16, 2027 expiration lists 68 call and 60 put contracts, with 187 days until expiration. Open interest stands at 1,188 calls and 2,468 puts, a put/call ratio of 2.08, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $1,180.00 strike is 38.6%, which implies the market expects a move of about ±$325.73 (27.6%) in Eli Lilly stock by expiration.

The most open interest sits at the $1,500.00 call (123 contracts) and the $960.00 put (388 contracts).

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

LLY options chain · April 16, 2027

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
—	—	—	—	—	—	660.00	2.44	4.95	3.81	46.7%	2	118
—	—	—	—	—	—	680.00	2.59	5.70	4.13	45.9%	400	281
1	—	55.5%	484.20	489.55	500.90	700.00	3.50	5.45	5.01	43.4%	1	95
—	—	—	—	—	—	720.00	4.20	7.55	6.33	44.3%	2	26
—	—	—	—	—	—	740.00	5.05	8.65	7.52	43.5%	3	49
1	—	51.9%	433.53	433.80	445.65	760.00	6.00	9.00	10.51	41.9%	1	37
—	—	—	—	—	—	780.00	7.50	11.50	10.00	42.3%	1	11
1	—	53.4%	360.76	396.65	409.15	800.00	8.70	13.45	11.00	41.9%	20	34
—	—	—	—	—	—	820.00	10.30	15.40	13.05	41.3%	8	97
—	—	—	—	—	—	840.00	9.45	15.80	16.45	39.5%	4	26
—	—	—	—	—	—	860.00	15.20	17.45	16.35	38.5%	8	44
1	4	49.2%	328.75	327.10	340.00	880.00	17.10	21.05	21.15	38.7%	4	65
3	1	48.2%	286.18	311.75	323.10	900.00	20.00	25.40	25.07	39.0%	7	91
—	—	—	—	—	—	920.00	23.50	28.80	27.27	38.5%	2	68
1	1	46.5%	303.90	280.30	290.95	940.00	27.55	31.65	30.00	37.6%	1	68
1	2	46.0%	285.23	263.60	276.00	960.00	31.30	37.45	36.80	38.0%	3	388
3	2	45.5%	266.51	250.30	261.35	980.00	37.20	39.85	39.35	36.6%	20	48
4	2	45.0%	222.00	235.20	247.20	1,000.00	41.25	47.10	47.30	37.1%	30	41
2	1	44.1%	221.06	221.55	232.15	1,020.00	46.95	53.30	51.45	37.0%	2	27
5	5	43.7%	223.44	208.20	218.70	1,040.00	53.15	58.10	62.80	36.2%	4	43
7	6	43.4%	212.94	195.60	206.15	1,060.00	58.10	66.65	64.44	36.6%	1	50
4	1	43.1%	171.95	188.60	199.50	1,070.00	63.45	68.00	67.15	35.7%	5	84
3	2	42.9%	178.77	180.60	193.45	1,080.00	65.30	73.90	71.64	36.3%	1	70
3	3	42.6%	182.39	176.80	187.15	1,090.00	69.50	78.45	81.70	36.4%	6	60
9	3	42.6%	177.10	172.15	181.55	1,100.00	74.85	82.15	87.20	36.1%	16	93
2	2	42.3%	170.87	165.85	175.35	1,110.00	76.10	86.50	76.80	36.1%	10	82
16	10	42.1%	148.37	160.00	169.60	1,120.00	82.40	91.55	97.10	36.2%	3	55
19	4	42.0%	143.57	152.80	164.50	1,130.00	86.35	96.00	91.23	36.1%	3	8
15	4	42.1%	132.32	149.90	159.70	1,140.00	92.45	99.60	102.68	35.7%	5	16
18	1	42.1%	166.86	144.65	154.95	1,150.00	96.40	104.80	101.85	35.8%	2	9
11	4	41.7%	143.83	140.55	149.10	1,160.00	99.45	110.35	116.15	35.9%	1	9
24	4	41.8%	124.60	134.80	144.85	1,170.00	106.00	113.75	127.30	35.3%	5	6
LLY $1,179.27
9	1	41.4%	132.00	130.70	139.10	1,180.00	111.75	120.70	124.30	35.7%	12	28
19	4	41.7%	116.05	123.55	135.50	1,190.00	113.00	126.65	130.00	35.9%	8	21
17	1	41.1%	120.10	119.15	129.30	1,200.00	121.10	129.80	135.60	35.1%	12	32
15	1	41.3%	115.80	116.15	125.85	1,210.00	127.15	137.10	141.40	35.5%	8	35
7	1	41.4%	102.78	110.95	122.20	1,220.00	128.95	140.50	147.30	34.8%	6	51
7	2	41.4%	100.52	105.60	118.40	1,230.00	139.15	148.60	153.20	35.4%	6	14
22	4	41.0%	101.55	104.30	113.00	1,240.00	145.00	154.45	156.20	35.3%	2	18
33	22	40.8%	95.20	98.55	108.90	1,250.00	149.35	161.80	157.08	35.5%	1	3
9	6	40.8%	87.65	96.20	105.25	1,260.00	157.00	167.90	171.51	35.5%	4	26
10	3	40.4%	91.77	92.15	100.25	1,270.00	163.45	173.00	188.85	35.0%	2	6
11	4	40.0%	97.62	88.35	95.80	1,280.00	170.25	179.75	172.02	35.0%	3	3
15	1	40.3%	95.04	85.10	93.45	1,290.00	176.00	184.65	198.03	34.5%	6	2
9	1	40.4%	86.15	82.30	90.35	1,300.00	181.40	194.10	200.83	35.2%	2	5
9	2	40.5%	72.58	78.85	87.70	1,310.00	189.70	199.20	221.55	34.6%	2	1
11	1	40.7%	89.50	73.90	85.30	1,320.00	192.00	207.90	241.04	35.1%	3	1
21	9	40.3%	68.00	73.05	81.25	1,330.00	201.15	213.55	235.16	34.6%	9	5
11	2	40.2%	83.10	69.95	77.90	1,340.00	207.95	220.85	242.57	34.6%	3	4
30	5	40.1%	58.00	66.95	74.90	1,350.00	217.10	225.50	250.09	33.7%	2	2
38	6	39.9%	57.19	63.40	71.65	1,360.00	224.50	236.20	189.85	34.8%	—	1
9	4	40.0%	57.60	58.55	66.90	1,380.00	239.35	251.15	230.55	34.6%	3	4
76	51	40.0%	52.80	53.75	62.10	1,400.00	254.75	265.90	222.52	34.3%	2	1
12	6	40.1%	47.06	50.05	57.90	1,420.00	—	—	—	—	—	—
64	2	39.7%	49.22	46.75	52.60	1,440.00	286.65	297.25	323.00	33.9%	2	1
15	10	39.0%	44.49	42.75	46.90	1,460.00	303.10	313.70	339.19	33.8%	3	1
34	4	39.5%	39.70	38.75	44.70	1,480.00	—	—	—	—	—	—
123	18	39.4%	36.60	37.00	40.95	1,500.00	—	—	—	—	—	—
23	6	39.0%	35.25	32.80	37.05	1,520.00	—	—	—	—	—	—
6	2	40.2%	32.00	30.85	37.05	1,540.00	—	—	—	—	—	—
26	3	39.4%	30.20	27.45	32.40	1,560.00	389.50	400.25	381.12	33.5%	—	0
23	2	39.4%	27.00	25.55	29.90	1,580.00	—	—	—	—	—	—
15	1	39.1%	25.00	23.85	26.90	1,600.00	—	—	—	—	—	—
15	9	40.2%	22.70	21.20	27.20	1,620.00	—	—	—	—	—	—
7	5	39.7%	25.60	19.85	24.00	1,640.00	462.55	473.90	482.95	33.7%	—	3
23	11	39.7%	19.50	18.25	22.30	1,660.00	—	—	—	—	—	—
31	2	39.6%	18.20	16.00	20.30	1,680.00	500.80	511.65	445.48	33.9%	2	1
33	2	40.1%	20.50	14.70	19.65	1,700.00	—	—	—	—	—	—
42	49	41.0%	15.70	14.05	19.65	1,720.00	—	—	—	—	—	—
10	8	41.7%	13.60	13.10	19.40	1,740.00	—	—	—	—	—	—
48	34	41.3%	12.30	11.95	17.30	1,760.00	—	—	—	—	—	—
28	14	41.8%	11.45	11.00	16.75	1,780.00	—	—	—	—	—	—
11	9	41.4%	10.50	9.95	15.00	1,800.00	—	—	—	—	—	—
17	2	42.7%	9.70	8.10	15.80	1,820.00	—	—	—	—	—	—
9	6	41.1%	8.57	5.30	12.40	1,840.00	657.60	669.90	680.10	38.6%	—	0
8	20	41.0%	8.90	7.35	11.35	1,860.00	—	—	—	—	—	—
23	2	41.2%	9.34	5.65	10.75	1,880.00	697.60	709.85	682.16	39.9%	—	0

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 April 16, 2027 expiration, the LLY put/call ratio based on open interest is 2.08 (2,468 puts vs 1,188 calls), and 1.63 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 April 16, 2027 is about 38.6%, 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.