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.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LCID: