Eli Lilly and Company (LLY) Options Chain

The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.

Eli Lilly and Company (LLY) operates in the Healthcare sector, specifically the Drug Manufacturers - General industry, with a market capitalization near $956.74B, listed on NYSE, employing roughly 47,000 people, carrying a beta of 0.48 to the broader market. Eli Lilly and Company discovers, develops, and markets human pharmaceuticals worldwide. Led by David A. Ricks, public since 1972-06-01.

Snapshot as of May 14, 2026.

Spot Price
$1007.39
Total OI
367.5K
Total Volume
55.0K
Front Expiration
29 days
Second Expiration
35 days
ATM IV
33.8%
Avg Bid/Ask Spread
30.32%

As of May 14, 2026, Eli Lilly and Company (LLY) has 367.5K open contracts and 55.0K contracts traded. The nearest expiration is 29 days out, followed by 35 days. ATM implied volatility is 33.8%. Average bid/ask spread across the chain is 30.32%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.

How LLY options chain Data Feeds Strategy Selection

Strategy selection on Eli Lilly and Company options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 33.8% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how the options chain is reported and how to read the data →

Frequently asked LLY options chain questions

What does the LLY options chain show right now?
As of May 14, 2026, Eli Lilly and Company (LLY) has 367.5K contracts outstanding and 55.0K traded today, with ATM IV of 33.8%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for LLY options?
The nearest expiration is 29 days out, followed by 35 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are LLY options bid/ask spreads?
Average bid/ask spread across the chain is 30.32%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.