11.24K calls and 19.83K puts traded on Nov 4, 2026, 31.07K contracts in total. Open interest was 360.59K contracts. Over the past 30 days, volume averaged 39.07K contracts per day. The LLY option volume chart shows volume by strike and expiration date.

Eli Lilly IV rank is 19, so its 30-day implied volatility of 31.4% is near the bottom of its one-year range. Over the past year it ranged from 27.6% on Dec 5, 2025 to 48.2% on Apr 7, 2026. See the LLY implied volatility history for a longer view.

The Eli Lilly put/call volume ratio was 1.76 on Nov 4, 2026, so puts outnumber calls. The put/call open interest ratio was 1.40. The LLY open interest chart shows calls and puts at each strike.

As of the Nov 4, 2026 close, max pain for Eli Lilly options about one week from expiration was $1,306.07, 7.9% below the $1,417.84 close. The LLY max pain chart shows it for every expiration date.

Based on 7-day implied volatility of 35.4%, options price a move of about ±$69.43 (±4.9%) over the next week, a range of roughly $1,348.41 to $1,487.27 from the Nov 4, 2026 close. The LLY expected move chart shows it for every expiration date.