In recent weeks, leadership atop this market has continued to broaden as traders look beyond the crowded AI names and into stocks showing fresh technical strength backed by improving momentum. One of the names setting itself apart is Eli Lilly & Co. (LLY), which has completely reversed course after bottoming in late April and is now building a powerful series of higher highs and higher lows while pushing to fresh 52-week highs. Just as importantly, LLY is holding above its prior December and January highs, and the stock continues to strengthen following a ProfitSurge Buy signal, with the 21-Day EMA remaining above the 63-Day EMA since the bullish crossover in mid-May. When strong price action and strengthening trend signals line up this cleanly, it’s the type of setup that deserves a closer look.
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For investors looking to participate, simply buying shares is certainly one approach, but with LLY trading at a premium price, an in-the-money call debit spread may offer a more capital-efficient alternative. In simple terms, this type of options trade allows you to gain bullish exposure while keeping your upfront cost more manageable through a defined-risk structure. One current spread, if established at today’s pricing, offers a potential return of 56.2% provided LLY is up, flat, or even down by more than 10% at expiration, illustrating how properly structured option spreads can provide flexibility across a range of possible outcomes, though results are never guaranteed.
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Wishing You the Best in Investing Success,

Blane Markham
Chief Trading Strategist
Have any questions? Email us at support@markhamtrading.com
*Trading incurs risk and some people lose money trading.

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