Bullish option flow detected in Lemonade with 14,198 calls trading, 5x expected, and implied vol increasing over 12 points to 93.23%. Sep-24 25 calls and Jul-24 20 calls are the most active options, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 0.12. Earnings are expected on July 30th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LMND: