Call volume gets a lift in Lyft. Call volume 4x normal in the transportation provider with 72k contracts trading by noon ET, vs 4500 puts and Jan 11 calls leading the action with 43k contracts trading for an avg price of 98.8c and Cboe open-close data confirming a customer seller, possibly unwinding a block of 50k bought last week for 46c (in a roll down from the 12.5 strike) when shares were below $10.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on LYFT:
- IRS postpones gig-tax filing requirement for more than $600 in revenue, WSJ says
- Lyft put volume heavy and directionally bearish
- Lyft call volume above normal and directionally bullish
- Needham internet services analysts hold analyst/industry conference call
- Wallbox and Lyft team to boost home EV charging access in North America
