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Lucid Group call volume above normal and directionally bullish

Bullish option flow detected in Lucid Group with 40,960 calls trading, 2x expected, and implied vol increasing almost 5 points to 89.18%. 7/7 weekly 7.5 calls and Jan-24 10 calls are the most active options, with total volume in those strikes near 15,200 contracts. The Put/Call Ratio is 0.37. Earnings are expected on August 3rd.

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