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Bearish options flow identified in Lucid Group with shares down 8.31%

Bearish options flow identified in Lucid Group (LCID), with shares down $1.18 near $13.02. Options volume running well above average with 63k contracts traded and puts leading calls for a put/call ratio of 1.79, compared to a typical level near 1.19. Implied volatility (IV30) is up nearly 13.0 points near 88.66,and above the 52wk median, suggesting an expected daily move of $0.73. Put-call skew steepened, indicating increased demand for downside protection.

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