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Bullish flow in Lithium Americas with shares up 10.38%

Bullish flow in Lithium Americas (LAC), with shares up 88c, or 10.38%, near $9.30. Options volume more than double the daily average with 167k contracts traded and calls leading puts for a put/call ratio of 0.07, compared to a typical level near 0.21. Implied volatility (IV30) is up nearly 39.0 points near 173.3, in the highest 10% of observations over the past year, suggesting an expected daily move of $1.02. Put-call skew flattened, suggesting a modestly bullish tone.

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