Iron Condor Alert: LLY Stock Could Net 40% In 4 Weeks
From Barchart:
Investors are eyeing Eli Lilly (LLY) as its implied volatility is at a high of 98%. This could indicate a potential opportunity for an iron condor trade. With the IV Percentile at such a level, traders may find it a favorable time to capitalize on the stock’s volatility.
Read more: Iron Condor Alert: LLY Stock Could Net 40% In 4 Weeks