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Luminar Technologies call volume above normal and directionally bullish

Bullish option flow detected in Luminar Technologies with 6,558 calls trading, 1.4x expected, and implied vol increasing almost 5 points to 79.10%. Jul-23 7 calls and 6/30 weekly 7 calls are the most active options, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 0.13. Earnings are expected on August 7th.

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