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Lyft call volume above normal and directionally bullish

Bullish option flow detected in Lyft with 46,251 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 90.69%. Jan-24 20 calls and Sep-23 14 calls are the most active options, with total volume in those strikes near 20,200 contracts. The Put/Call Ratio is 0.25. Earnings are expected on August 8th.

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