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Lithium Americas call volume above normal and directionally bullish

Bullish option flow detected in Lithium Americas with 1,605 calls trading, 1.0x expected, and implied vol increasing almost 2 points to 62.74%. 3/10 weekly 25.5 calls and 3/10 weekly 25 calls are the most active options, with total volume in those strikes near 700 contracts. The Put/Call Ratio is 0.21. Earnings are expected on March 16th.

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Published first on TheFly

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