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Lucid Group call volume above normal and directionally bullish

Bullish option flow detected in Lucid Group with 32,459 calls trading, 3x expected, and implied vol increasing over 1 point to 84.39%. Jan-23 7.5 calls and Jan-23 8 calls are the most active options, with total volume in those strikes near 21,100 contracts. The Put/Call Ratio is 0.10. Earnings are expected on February 27th.

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Published first on TheFly

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