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  • Case Upon - LLY Chart – Collar Example #1

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    e in late August and one in very late
    September. These all point to periods of high or increa
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    NOTES ON ELI LILLY (LLY)
    Collar

    1. In a one month span from Nov. 18, 2002 to Dec. 18, 2002 LLY
    traded from just below $60.00 to just below $70.00 and back down
    to $62.00.

    2. In another one month span from late May 2003 to mid-June
    2003, LLY traded from $56.00 up to $72.00.

    3. Several gap openings are also apparent with one in
    mid-January 2003, one in late August and one in very late
    September. These all point to periods of high or increa
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    2002 LLY
    traded from just below $60.00 to just below $70.00 and back down
    to $62.00.

    2. In another one month span from late May 2003 to mid-June
    2003, LLY traded from $56.00 up to $72.00.

    3. Several gap openings are also apparent with one in
    mid-January 2003, one in late August and one in very late
    September. These all point to periods of high or increa
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    r>2. In another one month span from late May 2003 to mid-June
    2003, LLY traded from $56.00 up to $72.00.

    3. Several gap openings are also apparent with one in
    mid-January 2003, one in late August and one in very late
    September. These all point to periods of high or increa
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    to $72.00.

    3. Several gap openings are also apparent with one in
    mid-January 2003, one in late August and one in very late
    September. These all point to periods of high or increa
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    e in late August and one in very late
    September. These all point to periods of high or increasing
    volatility.

    4. We also want to notice the individual daily trading ranges.
    The length of the lines shows the number of large range days.
    The longer lines indicate larger intraday ranges. In the chart
    above, LLY shows a very high number of large intraday movement
    days, again pointing to high volatility.

    5. As much as LLY had strong run-ups, it had s

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