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Luminar Technologies call volume above normal and directionally bullish

Bullish option flow detected in Luminar Technologies with 19,349 calls trading, 2.0x expected, and implied vol increasing almost 6 points to 105.37%. 1/13 weekly 5.5 calls and 1/13 weekly 5 calls are the most active options, with total volume in those strikes near 13,700 contracts. The Put/Call Ratio is 0.08. Earnings are expected on February 27th.

Published first on TheFly

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