LLY February 1460 calls: a small position in the healthcare rally

Buy February $1,460 calls in small size. Recent options flow is net bullish by $2.78M, while January $1,400 call open interest rose 24%. The weekly uptrend and breakout support further upside. This is a momentum trade, not repeated buying in our exact contract. Shares are extended, and earnings commentary or falling option volatility could reverse the rally.

• LLY, long call, 2-4 months, opened Oct 29, 2026.

Updated 2026-11-02 17:48 UTC