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Lyft call volume above normal and directionally bullish

Bullish option flow detected in Lyft with 6,606 calls trading, 1.0x expected, and implied vol increasing over 4 points to 72.93%. 10/13 weekly 11 puts and 10/6 weekly 10.5 puts are the most active options, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 0.58. Earnings are expected on November 6th.

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