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Lyft call volume above normal and directionally bullish
The Fly

Lyft call volume above normal and directionally bullish

Bullish option flow detected in Lyft with 27,284 calls trading, 1.3x expected, and implied vol increasing over 1 point to 88.55%. Jan-23 14.5 calls and 1/13 weekly 12.5 puts are the most active options, with total volume in those strikes near 12,100 contracts. The Put/Call Ratio is 0.39. Earnings are expected on February 7th.

Published first on TheFly

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