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Lucid Group call volume above normal and directionally bullish

Bullish option flow detected in Lucid Group with 34,736 calls trading, 1.1x expected, and implied vol increasing over 1 point to 76.22%. Jun-23 7 calls and Jun-23 6.5 calls are the most active options, with total volume in those strikes near 11,400 contracts. The Put/Call Ratio is 0.28. Earnings are expected on August 3rd.

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Published first on TheFly

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