Dow Jones Record as Health‑Care and Eli Lilly Surge
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- Dow Jones Industrial Average closed at a fresh record after a 2% pop.
- S&P 500 rose 0.4% as nine of eleven sectors advanced.
- Health‑care sector led gains; traders bought about 5,300 calls versus just over 1,000 puts in the XLV ETF, with $11 M of $13 M traded tied to calls, and insurers Humana and Centene each hit new one‑year highs.
- UnitedHealth Group had 87% of $135 M options premium tied to calls.
- Eli Lilly rallied more than 4% to near all‑time highs, with calls outpacing puts more than two‑to‑one and $145 M of options premium traded.
Why it matters: Investors in health‑care equities and options benefit from strong price gains and heavy call buying, while chip‑stock investors see a 1.5% decline. The surge lifts market breadth and fuels further bullish bets on insurers and weight‑loss drug makers.
