I don’t think I’ve ever traded Eli Lilly (LLY) in my life, but I bought one, count ’em, one put today on this nearly $1,000/share sucker. I’ve got a tight stop, marked with that dashed red line.
![](https://slopeofhope.com/wp-content/uploads/2024/08/slopechart_LLY-2-640x338.jpg)
The longer view illustrates LLY is, shall we say, fully-valued.
![](https://slopeofhope.com/wp-content/uploads/2024/08/slopechart_LLY-1-1-640x338.jpg)