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Barchart
Barchart
Gavin McMaster

UNBELIEVABLE: Iron condor alert lly stock could net 40 in 4 weeks | History Defined

Eli Lilly (LLY) is showing elevated implied volatility with an IV Percentile of 98%, and that could mean it’s a good time for an iron condor trade.

An iron condor aims to profit from a drop in implied volatility, with the stock staying within an expected range.

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