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Lucid Group call volume above normal and directionally bullish

Bullish option flow detected in Lucid Group with 17,725 calls trading, 1.1x expected, and implied vol increasing almost 6 points to 85.96%. 4/6 weekly 8 calls and 4/14 weekly 9 calls are the most active options, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 0.36. Earnings are expected on April 27th.

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Published first on TheFly

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