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Call volume gets a lift in Lyft
The Fly

Call volume gets a lift in Lyft

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.

Published first on TheFly

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