LLY Earnings Play LONG ( Flat Bottom Triangle Breakout)

5 авг. 2023 г.

My analysis is on the 2H. I am uniquely qualified in my fundamental analysis. This is a one

day until earnings. My thesis is the earnings will stimulate what will be a breakout from

a flat bottom triangle. I will buy one share of stock. I will spend a similar amount on

call options striking $460 expiring August 11th. I see LLY as surging while PFE is a bit

challenged with the fall off in Covid vaccine work. If you find this idea interesting and

might appreciate my ideas as to a stop loss and targets, leave a comment. Like and

subscribe. Trade well !

8 авг. 2023 г.

Сделка активна

Trade is up 25% since entry last Friday while the options contracts are up 400%.
Looking for more but taking off half the position.

10 авг. 2023 г.

Сделка активна

wlfi.com/news/soaring-sales-of-diabetes-drug-mounjaro-widely-used-for-weight-loss-sends-eli-lilly-to/article_ee3be13e-36b2-11ee-81aa-eb421ba52a89.html