Not the typical time for put sales, but the reaction to the news is strong and the trend is clear. IV rank is high (79).
Sold to open $LLY Dec 15 540 put @ 3.30, delta 09. Strike is below the recent lows on 10/30-10/31.
Not the typical time for put sales, but the reaction to the news is strong and the trend is clear. IV rank is high (79).
Sold to open $LLY Dec 15 540 put @ 3.30, delta 09. Strike is below the recent lows on 10/30-10/31.