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Lemonade call volume above normal and directionally bullish
The Fly

Lemonade call volume above normal and directionally bullish

Bullish option flow detected in Lemonade with 3,164 calls trading, 1.8x expected, and implied vol increasing over 1 point to 74.17%. Mar-23 23 calls and Mar-23 24 calls are the most active options, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 0.28. Earnings are expected on February 22nd.

Published first on TheFly

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