Why is Eli Lilly and Archer Aviation experiencing unusual options activity?

Eli Lilly and Archer Aviation are not currently forming a cohesive theme in terms of unusual options activity, as their respective stock movements and news articles do not align with a common catalyst. Here's a breakdown of the options activity and news for each company:

1. **Eli Lilly (LLY)**:
- The closing price of LLY on April 17, 2025, was $838.83, representing a 14.11% increase from the previous day.
- The stock has a "Strong Buy" analyst consensus rating with an average price target of $1034, indicating potential for further price appreciation.
- Recent positive results from Phase 3 trials for orforglipron in diabetes treatment and obesity management have likely contributed to the stock's surge. These trials showed significant efficacy and a safety profile consistent with injectable GLP-1 medicines.
- The 5-Day, 10-Day, and 20-Day moving averages are $762.46, $747.51, and $786.96, respectively, suggesting that the stock is trading above its short-term and medium-term averages, which could be a sign of bullish sentiment.
- The Average True Range (ATR) is $45.87, which is a measure of the average range of price movement over a given period, and can influence trading strategies.
- Resistance and support levels are $866.87 and $691.77, respectively, providing potential barriers to upward or downward movement.

|code|Ticker|Name|Date|Closing Price|Percentage Change|market_code|
|---|---|---|---|---|---|---|
|LLY|LLY.N|Eli Lilly|20250417|838.6958|14.1237991563478|169|

|code|Ticker|Name|Date|Net Fund Flow|Net Fund Flow (Block Order)|market_code|
|---|---|---|---|---|---|---|
|LLY|LLY.N|Eli Lilly|20250106|-1.207483532519E8|-1.126747514276E8|169|
|LLY|LLY.N|Eli Lilly|20250107|1.7406445443E7|1.5130564032E7|169|
|LLY|LLY.N|Eli Lilly|20250108|2.20306308579E7|1.35386228365E7|169|
|LLY|LLY.N|Eli Lilly|20250110|7.46284422393E7|6.67090089285E7|169|
|LLY|LLY.N|Eli Lilly|20250113|-7.17250830252E7|-7.26863722419E7|169|
|LLY|LLY.N|Eli Lilly|20250114|-3.846937693016E8|-3.710964710892E8|169|
|LLY|LLY.N|Eli Lilly|20250115|-1.47450091452E8|-1.412939646012E8|169|
|LLY|LLY.N|Eli Lilly|20250116|-9754689.5425|-1.28582348261E7|169|
|LLY|LLY.N|Eli Lilly|20250117|-2.786125642123E8|-2.629224015492E8|169|
|LLY|LLY.N|Eli Lilly|20250121|-3.97801314651E7|-3.77638643226E7|169|

|code|Ticker|Name|Date|Moving Average|market_code|
|---|---|---|---|---|---|
|LLY|LLY.N|Eli Lilly|20250416|739.9500|169|

2. **Archer Aviation (ACHR)**:
- The closing price of ACHR on April 17, 2025, was $7.19, representing a 1.91% increase from the previous day.
- The stock also has a "Strong Buy" analyst consensus rating with an average price target of $12.8, suggesting potential for price appreciation.
- Archer Aviation is planning to launch an eVTOL air taxi network with United Airlines, which could be a significant catalyst for the stock. This network aims to connect Manhattan with major NYC airports, potentially transforming urban transportation.
- The 5-Day, 10-Day, and 20-Day moving averages are $7.11, $6.93, and $7.36, respectively, indicating that the stock is trading below its short-term and medium-term averages, which could suggest bearish sentiment.
- Resistance and support levels are $7.54 and $6.