LLY options: $57M premium turnover into 2026-08-21; largest line LLY260918C01080000 $5MLLY 期权异动：期权成交额约 $57M，到期 2026-08-21，最大合约 LLY260918C01080000 约 $5M
Options Flow Snapshot
On August 17, 2026, Eli Lilly (LLY) posted $57.04 million in listed option notional turnover across 23,935 total contracts, equal to 2.7% of the underlying stock’s daily dollar volume. The near-the-money option window included 1,164 contracts, with the nearest expiration date at August 21, 2026. Call volume hit 14,238 contracts, with put volume at 9,697 for a 1.47 call-to-put ratio. The most active single contract was the September 18, 2026, $1,080 strike call option (ticker LLY260918C01080000), with 426 contracts traded for $4.88 million in notional value. Average near-the-money call implied volatility (IV) was 34.1%, with put IV at 30.2%, for a -3.91 percentage point call/put skew, and the ATM straddle implied a 2.9% price move through the August 21 expiration.
Signal Read-Through
This signal reflects concentrated call option trading paired with a bullish IV skew, indicating market participants are pricing in greater upside potential for Lilly shares. The 2.9% ATM implied move signals expected short-term price volatility ahead of the August 21 expiration window.
Fundamental and Event Cross-Check
Independent cross-referenced data includes Lilly’s August 5, 2026, Q2 2026 earnings beat: EPS came in at $8.38, surpassing the $6.4 consensus estimate, with revenue of $22.97 billion above the $20.82 billion consensus. Two executives sold shares in mid-August: EVP and General Counsel Anat Hakim sold 5,000 shares on August 10, and SVP & CAO Donald Zakrowski sold 2,000 shares on August 11. Multiple institutional funds also adjusted their Lilly holdings on August 17 per public filings.
Follow-Up Markers
This signal only documents listed options trading and pricing activity, and does not confirm the exact size or motivation of directional trading positions. Key follow-up items include tracking volume and implied volatility changes through the August 21 expiration, as well as monitoring subsequent corporate announcements or institutional holding adjustments for Lilly.
期权成交结构
2026年8月17日礼来(LLY)的期权成交细节如下：总成交名义金额5703.7万美元，共23935张合约，占当日股票成交量的2.7%；近价内期权窗口内有1164份合约，最近到期日为2026年8月21日。看涨期权成交量14238张，看跌期权9697张，看涨看跌比1.47。最活跃合约为行权价1080美元、2026年9月18日到期的看涨期权（代码LLY260918C01080000），成交426张，名义金额约488万美元。当日平价期权隐含波动幅度2.9%，看涨期权平均隐含波动率34.1%，看跌期权30.2%，看涨看跌波动率偏差-3.91个百分点。
信号含义
本次信号属于看涨期权成交集中叠加上行波动率 skew的市场信号，显示市场参与者对礼来短期股价上行的定价更为积极。8月21日到期的短期期权隐含了约2.9%的股价波动幅度，反映市场对短期价格波动的预期。
基本面与事件交叉验证
交叉验证的独立信号包括：礼来2026年8月5日公布的二季度财报超出市场预期，EPS达8.38美元，远超市场预期的6.4美元，营收229.74亿美元，高于预期的208.23亿美元。此外，两名高管在8月中旬减持股份：8月10日执行副总裁Anat Hakim减持5000股，8月11日高级副总裁Zakrowski Donald A减持2000股；8月17日也有多家机构调整了礼来的持仓头寸。
后续关注
该信号仅反映场内期权的成交与定价行为，未证明具体的方向性押注规模或背后的交易动机。后续需关注8月21日到期期权到期前的成交量变化、隐含波动率的走向，以及后续是否有更多公司层面的公告或机构持仓调整信号。
This analysis was generated by InvestLog AI based on SEC filings, Form 4 insider transactions, Form 144 planned-sale notices, 13F institutional holdings, analyst ratings, and market data. It is for informational purposes only and does not constitute investment advice.这篇研究由 InvestLog AI 基于 SEC 披露、Form 4 内部人交易、Form 144 计划减持、13F 机构持仓、分析师评级和市场数据生成。内容仅供参考，不构成投资建议。