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Lithium Americas call volume above normal and directionally bullish

Bullish option flow detected in Lithium Americas with 2,741 calls trading, 1.6x expected, and implied vol increasing over 1 point to 66.84%. Jan-23 35 calls and Jan-23 30 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.08. Earnings are expected on March 16th.

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Published first on TheFly

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