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Bullish flow in Lucid Group with shares up 6.22%

Bullish flow in Lucid Group (LCID), with shares up $1.40, or 6.22%, near $23.84. Options volume running well above average with 73k contracts traded and calls leading puts for a put/call ratio of 0.61, compared to a typical level near 0.76. Implied volatility (IV30) is higher by 4.2 points near 86.6,and below the 52wk median, suggesting an expected daily move of $1.30. Put-call skew flattened, suggesting a modestly bullish tone.

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