ELI LILLY & Co (LLY) Options Risk Score

Run a full LLY options risk analysis

See the complete risk breakdown — news catalysts, SEC filings, legal proceedings, earnings overlap, IV vs HV, options flow and Expected Move — all in one scan.

Is it risky to sell options on ELI LILLY & Co (LLY) right now?

For a 4-week expiry, ELI LILLY & Co (LLY) carries an options catalyst-risk score of 52 out of 100 (MEDIUM). That score is driven by an upcoming earnings report, 5 recent news items, 10 active legal filings, 2 recent SEC events and 32 clinical-trial catalysts falling inside the 4-week window. On TickerRisk's scale 45 to 69 is MEDIUM, meaning something in the 4-week window is worth checking before committing to an expiry. The score measures scheduled event exposure, not the direction LLY will move.

LLY shows an IV Rank of 11, near the low end of its one-year range — options are relatively cheap, which favours option buyers over sellers, with a current implied volatility of about 38%. Read IV Rank alongside the catalyst score: it says how expensive LLY options are, while the score says whether that price is justified by a scheduled event.

LLY is scheduled to report earnings on 2026-10-29, which falls inside a typical monthly options expiry — expect elevated implied volatility into the event and an IV crush afterward.

ELI LILLY & Co (LLY) current implied volatility and IV Rank

LLY is trading at an IV Rank of 11 with implied volatility around 38%, alongside a TickerRisk options-risk score of 52/100. That's low — options are cheap relative to the past year, which favours premium-buying strategies such as long calls, long puts and debit spreads when you expect a move.

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ELI LILLY & Co (LLY) next earnings date — 2026-10-29

ELI LILLY & Co (LLY) is scheduled to report on 2026-10-29 — about 53 days away, so a standard expiry would carry straight through it. LLY's IV Rank is currently 11. Implied volatility tends to build into the date and drop sharply once results are public. If the premium on LLY looks unusually generous right now, this is the most likely reason.

TickerRisk provides risk scoring for informational purposes only. This is not financial advice. Options trading involves substantial risk of loss. Full disclaimer