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Lyft call volume above normal and directionally bullish

Bullish option flow detected in Lyft with 31,854 calls trading, 1.5x expected, and implied vol increasing almost 5 points to 94.55%. Jan-24 20 calls and Sep-23 11 puts are the most active options, with total volume in those strikes near 15,500 contracts. The Put/Call Ratio is 0.55. Earnings are expected on August 8th.

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