Bullish option flow detected in Lyft with 13,110 calls trading, 1.1x expected, and implied vol increasing almost 3 points to 60.02%. 4/6 weekly 11 calls and 3/10 weekly 10.5 calls are the most active options, with total volume in those strikes near 8,400 contracts. The Put/Call Ratio is 0.03. Earnings are expected on May 2nd.
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Published first on TheFly
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