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Lucid Group call volume above normal and directionally bullish
The Fly

Lucid Group call volume above normal and directionally bullish

Bullish option flow detected in Lucid Group with 26,780 calls trading, 1.3x expected, and implied vol increasing almost 5 points to 108.71%. 2/24 weekly 12 calls and Feb-23 11.5 calls are the most active options, with total volume in those strikes near 14,200 contracts. The Put/Call Ratio is 0.18. Earnings are expected on February 22nd.

Published first on TheFly

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