Healthcare
LLY
Eli Lilly and Company
Growth premium from Eli Lilly (LLY) with covered calls and cash secured puts. GLP-1 drug leader with explosive growth.
Monthly Premium1.5-2.5%
Annualized Return18-30%
Stock Price$780-880
IV RankModerate (35-50)
Options LiquidityGood
Dividend Yield0.65%
Why LLY for Covered Calls & Cash Secured Puts?
LLY is the leader in GLP-1 drugs (Mounjaro/Zepbound) with massive demand. One of the hottest pharma stocks with legitimate growth.
Example Covered Call Trade
LLYCovered Call
Strike Price$900 (8% OTM)
Expiration30 days
Premium$18.00 per share
Return If Flat2.2% ($1,800)
Return If Called10.0% ($8,300)
Keep Probability70% keep shares
Recommended Strategy for LLY
Sell calls 6-10% OTM to capture growth premium. Only for large accounts comfortable with pharma.
Risks to Consider
- Extremely expensive (~$85K for 100)
- High valuation
- Competition from Novo Nordisk
- Supply constraints
Analyze LLY Covered Calls Now
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