Bullish option flow detected in Lucid Group with 82,803 calls trading, 7x expected, and implied vol increasing over 6 points to 78.43%. 6/30 weekly 6 calls and 6/30 weekly 6.5 calls are the most active options, with total volume in those strikes near 36,800 contracts. The Put/Call Ratio is 0.12. Earnings are expected on August 3rd.
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Published first on TheFly
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