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: Sep 17, 2027
Days to expiration: 341
Share price: $1,179.27
Put/call ratio (OI): 0.90
Put/call ratio (volume): 1.54
ATM implied volatility: 38.7%
Expected move: ±$441.35
Open interest (C / P): 3.40K / 3.07K

LLY options summary

The LLY options chain for the September 17, 2027 expiration lists 69 call and 73 put contracts, with 341 days until expiration. Open interest stands at 3,400 calls and 3,068 puts, a put/call ratio of 0.90, which is fairly balanced between calls and puts. At-the-money implied volatility near the $1,180.00 strike is 38.7%, which implies the market expects a move of about ±$441.35 (37.4%) in Eli Lilly stock by expiration.

The most open interest sits at the $1,300.00 call (255 contracts) and the $900.00 put (306 contracts).

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

LLY options chain · September 17, 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
1	—	67.7%	741.35	744.00	761.00	440.00	1.09	3.10	1.87	51.4%	4	7
—	—	—	—	—	—	450.00	1.19	2.81	1.93	49.5%	62	28
—	—	—	—	—	—	460.00	3.00	13.00	12.54	58.4%	3	6
—	—	—	—	—	—	470.00	1.47	3.80	2.20	49.8%	8	4
—	—	—	—	—	—	480.00	1.65	3.95	2.40	49.1%	8	4
1	—	46.4%	431.95	676.00	692.50	490.00	2.03	9.95	10.85	51.8%	20	11
7	2	48.5%	423.75	668.00	684.00	500.00	1.02	11.00	7.00	50.8%	1	27
2	1	—	617.00	500.00	509.00	520.00	2.45	5.15	4.68	47.3%	2	110
3	—	61.3%	627.52	652.00	667.00	540.00	2.93	5.90	5.50	46.5%	1	25
—	—	—	—	—	—	560.00	2.25	5.70	4.59	44.3%	1	21
—	—	—	—	—	—	580.00	0.00	0.00	9.20	12.5%	1	0
—	—	—	—	—	—	600.00	4.55	8.00	6.70	43.5%	1	80
1	—	—	337.75	428.00	446.00	620.00	5.55	9.80	6.43	43.5%	26	46
2	1	35.8%	408.00	526.00	544.00	640.00	4.05	10.95	10.55	42.8%	12	9
—	—	—	—	—	—	660.00	4.50	12.60	14.00	42.3%	3	9
0	—	50.9%	262.03	514.00	528.00	680.00	9.45	14.25	12.35	41.8%	7	30
17	2	52.4%	466.81	508.00	522.00	700.00	11.15	16.25	12.60	41.4%	40	163
2	1	51.7%	455.07	491.00	505.00	720.00	13.10	17.90	15.75	40.6%	9	42
0	1	—	498.00	0.00	0.00	740.00	15.30	20.80	19.10	40.5%	1	22
2	1	78.9%	447.20	534.00	548.75	760.00	17.15	23.05	20.70	39.9%	3	54
8	4	43.2%	412.86	418.00	433.00	780.00	19.70	25.35	23.65	39.3%	1	29
11	1	51.2%	406.00	424.00	438.00	800.00	22.45	28.00	25.15	38.7%	1	39
0	6	—	472.01	0.00	0.00	820.00	25.00	29.95	27.90	37.8%	2	101
0	2	—	389.59	0.00	0.00	840.00	28.75	36.30	33.60	38.6%	5	33
6	2	48.8%	341.81	378.00	390.00	860.00	32.80	39.55	39.47	37.9%	1	87
15	1	48.6%	372.00	362.00	376.00	880.00	37.30	41.45	40.05	36.8%	2	20
23	5	48.2%	370.40	348.00	362.00	900.00	41.30	49.20	45.20	37.6%	100	306
13	2	47.2%	326.87	333.95	346.00	920.00	46.00	54.40	49.24	37.3%	4	34
24	1	47.1%	305.50	319.00	333.35	940.00	52.25	56.85	54.60	36.1%	20	61
12	1	46.6%	305.26	306.10	319.75	960.00	55.20	65.05	62.30	36.6%	3	197
68	1	46.1%	292.00	292.10	306.00	980.00	63.90	69.15	66.81	35.8%	1	54
67	10	45.4%	261.28	280.20	291.95	1,000.00	70.05	76.15	74.15	35.7%	2	143
112	1	45.0%	262.72	266.25	279.65	1,020.00	76.10	84.90	89.15	35.9%	2	129
69	2	44.9%	232.10	254.35	268.20	1,040.00	80.25	92.45	88.78	35.7%	2	81
9	1	44.6%	258.58	244.70	256.85	1,060.00	91.45	98.00	96.10	34.9%	1	261
75	1	44.4%	263.15	232.80	245.95	1,080.00	95.35	108.45	113.86	35.3%	1	16
36	2	43.7%	210.87	223.05	233.25	1,100.00	108.00	116.95	109.36	35.0%	103	124
30	4	43.7%	212.35	211.00	223.80	1,120.00	116.40	125.15	129.50	34.6%	1	17
46	2	43.7%	187.75	200.65	214.35	1,140.00	126.15	135.70	132.75	34.7%	3	62
48	27	43.0%	195.20	191.45	202.80	1,160.00	135.90	145.40	141.60	34.5%	1	53
LLY $1,179.27
48	40	43.0%	182.43	182.75	194.00	1,180.00	145.80	156.65	159.60	34.5%	1	85
103	1	42.8%	159.75	172.50	185.00	1,200.00	156.65	168.90	150.20	34.6%	45	102
32	12	42.5%	162.07	164.25	175.90	1,220.00	167.05	180.00	162.00	34.5%	6	42
64	2	42.4%	177.65	158.50	167.75	1,240.00	177.75	190.65	198.15	34.1%	1	55
52	2	42.1%	149.54	148.30	159.20	1,260.00	190.15	200.80	184.45	33.5%	31	55
64	2	42.0%	160.45	141.50	151.70	1,280.00	202.95	213.75	215.00	33.5%	3	36
255	5	42.2%	137.57	136.05	145.95	1,300.00	214.75	225.55	222.97	33.2%	3	26
54	4	41.7%	129.16	127.30	137.05	1,320.00	227.25	237.60	217.40	32.8%	4	19
96	10	41.4%	113.90	120.70	129.80	1,340.00	240.50	250.30	232.95	32.5%	2	3
52	6	41.3%	115.50	114.65	123.35	1,360.00	253.90	264.35	255.32	32.4%	2	12
63	5	41.0%	112.20	109.15	116.30	1,380.00	267.45	279.95	274.87	32.6%	2	2
134	2	41.0%	107.50	103.00	110.80	1,400.00	282.05	292.20	258.24	31.9%	2	3
67	2	41.0%	98.50	97.45	105.95	1,420.00	0.00	0.00	269.42	—	—	0
32	1	41.7%	94.70	92.40	104.00	1,440.00	309.80	324.00	284.97	32.1%	7	10
39	4	41.0%	88.55	87.35	96.15	1,460.00	0.00	0.00	295.98	—	6	0
86	2	40.9%	83.34	80.20	91.20	1,480.00	—	—	—	—	—	—
114	4	40.9%	78.99	76.50	86.60	1,500.00	358.55	370.00	329.84	31.5%	70	39
117	128	40.8%	75.69	72.65	82.45	1,520.00	418.00	431.30	557.00	42.8%	1	2
33	1	40.5%	74.00	67.90	77.30	1,540.00	0.00	0.00	487.38	—	1	0
21	3	40.7%	68.06	64.00	74.20	1,560.00	457.65	474.00	568.25	45.4%	1	3
40	1	40.9%	71.25	59.40	71.60	1,580.00	476.15	490.00	587.15	45.4%	1	2
180	8	41.1%	63.48	55.75	68.90	1,600.00	0.00	0.00	548.80	—	1	0
40	2	40.9%	53.77	53.25	64.90	1,620.00	409.15	419.50	446.50	—	3	4
79	2	40.5%	54.93	52.70	60.30	1,640.00	654.00	664.00	572.25	73.0%	—	1
171	2	40.4%	60.52	47.75	57.05	1,660.00	493.05	506.00	454.94	30.6%	—	1
20	3	40.3%	50.20	44.65	53.95	1,680.00	510.00	524.00	515.00	30.6%	1	1
41	2	41.2%	45.19	40.75	54.20	1,700.00	528.55	542.00	512.00	30.5%	1	11
2	7	41.4%	44.25	42.80	52.25	1,720.00	546.00	560.00	535.28	30.3%	1	2
42	2	40.5%	37.45	40.20	46.90	1,740.00	506.00	520.95	625.07	—	2	4
23	2	40.7%	39.12	35.90	45.15	1,760.00	584.00	598.00	644.49	30.7%	1	1
17	2	40.5%	37.06	35.90	42.55	1,780.00	602.35	616.00	664.08	30.3%	1	2
29	1	40.5%	32.26	35.40	40.50	1,800.00	0.00	0.00	608.44	—	1	0
23	2	40.6%	36.10	30.65	38.65	1,820.00	0.00	0.00	588.27	—	2	0
42	5	41.5%	33.40	30.40	39.40	1,840.00	0.00	0.00	594.15	—	1	0
54	2	40.9%	33.80	30.70	35.95	1,860.00	—	—	—	—	—	—
203	29	40.8%	30.65	27.30	33.95	1,880.00	—	—	—	—	—	—
158	43	40.8%	29.00	26.75	32.30	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 September 17, 2027 expiration, the LLY put/call ratio based on open interest is 0.90 (3,068 puts vs 3,400 calls), and 1.54 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 September 17, 2027 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.