Bullish option flow detected in Lemonade with 2,541 calls trading, 1.4x expected, and implied vol increasing over 1 point to 102.08%. 2/23 weekly 18.5 calls and 2/23 weekly 17.5 calls are the most active options, with total volume in those strikes near 690 contracts. The Put/Call Ratio is 0.20. Earnings are expected on February 27th.
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