Bullish option flow detected in Lyft with 11,566 calls trading, 1.1x expected, and implied vol increasing almost 3 points to 66.93%. Mar-23 12 calls and 2/24 weekly 11 calls are the most active options, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 0.11. Earnings are expected on May 2nd.
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Published first on TheFly
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