Eli Lilly's most recent trend suggests a bullish bias. One trading opportunity on Eli Lilly is a Bull Put Spread using a strike $62.50 short put and a strike $57.50 long put offers a potential 14.68% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $62.50 by expiration. The full premium credit of $0.64 would be kept by the premium seller. The risk of $4.36 would be incurred if the stock dropped below the $57.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Eli Lilly is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Eli Lilly is bullish.
The RSI indicator is at 78.79 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Eli Lilly
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Wed, 25 Jun 2014 17:11:00 GMT
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Wed, 25 Jun 2014 13:25:00 GMT
Accesswire – WHITEFISH, MT / June 25, 2014 / Cannabinoids are a diverse set of chemical compounds that act on cannabinoid receptors on cells that repress neurotransmitter release in the brain. While tetrahydrocannabinol …
Diabetes Scholars Foundation Announces 2014 Scholarship Recipients
Wed, 25 Jun 2014 13:00:00 GMT
PR Newswire – ROLLING MEADOWS, Ill. and INDIANAPOLIS, June 25, 2014 /PRNewswire/ — Managing a chronic disease like type 1 diabetes can be difficult for a person of any age, but can be especially daunting while navigating the halls of high school. The Diabetes Scholars Foundation (Foundation) today announced its 2014 college scholarship recipients—a gifted group of young adults who, in addition to successfully managing their diabetes, have excelled in the classroom and in the community, demonstrating that diabetes truly does not have to stand in the way of pursuing one's goals. For the third consecutive year, Lilly Diabetes has helped fund the Foundation's scholarship program through an annual donation. Established in 2012, the Lilly Diabetes Tomorrow's Leaders Scholarship program has funded more than 60 scholarships awarded through the Foundation.
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Wed, 25 Jun 2014 11:58:00 GMT
Eli Lilly: Climbing The Hill Of Survival And Success
Tue, 24 Jun 2014 22:21:36 GMT
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