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Luminar Technologies call volume above normal and directionally bullish

Bullish option flow detected in Luminar Technologies with 49,404 calls trading, 1.4x expected, and implied vol increasing over 2 points to 129.95%. 3/3 weekly 11 calls and 3/3 weekly 7.5 calls are the most active options, with total volume in those strikes near 27,200 contracts. The Put/Call Ratio is 0.08. Earnings are expected on March 1st.

Published first on TheFly

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