LLY Options
LLY $1,282.89 · Updated Oct 26, 4:00 PM ET
LLY is at $1,282.89. The nearest expiration, Oct 30, 2026 (4 days out), lists 169 strikes, with 2,892 calls and 4,544 puts traded in the latest session. At-the-money implied volatility is 75.0%. The at-the-money straddle prices a move of about $80.53 (6.3%) by expiration.
LLY Options Chain
LLY is at $1,282.89. The nearest expiration, Oct 30, 2026 (4 days out), lists 169 strikes, with 2,892 calls and 4,544 puts traded in the latest session. At-the-money implied volatility is 75.0%. The at-the-money straddle prices a move of about $80.53 (6.3%) by expiration.
LLY Gamma Exposure (GEX)
LLY total dealer gamma exposure is $114M across all listed expirations. Positive GEX means dealers are net long gamma; their hedging tends to dampen price moves. The gamma flip is $1,177.58, with spot 8.9% above it. The call wall is $1,300.00 and the put wall $1,200.00.
LLY Max Pain
LLY max pain for Oct 30, 2026 (4 days out) is $1,220.00, 4.9% below the current $1,282.89. That is the settlement price at which the open contracts on that date would pay holders the least. For Nov 27, 2026, max pain is $1,245.00.
LLY Put/Call Ratio
Across every listed LLY expiration, the put/call ratio is 1.11 by volume and 1.33 by open interest. More puts than calls are trading, a defensive tilt. 125,063 puts and 94,349 calls are open in total.
LLY Implied Volatility
LLY at-the-money implied volatility is 75.0% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 38.6%. Near-term volatility is priced above longer-dated volatility, an inverted term structure that usually accompanies an event or stress.
LLY Open Interest by Strike
Across all LLY expirations, the largest call open interest near the current $1,282.89 sits at the $1,400.00 strike (4,856 contracts) and the largest put open interest at $1,100.00 (4,474). 94,349 calls and 125,063 puts are open in total.
LLY Expected Move
The options market prices LLY to move about $80.53 (6.3%) by Oct 30, 2026, a range of $1,202.37 to $1,363.42. For Nov 27, 2026 (32 days out) the expected move is $117.03 (9.1%).