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Lemonade call volume above normal and directionally bullish

Bullish option flow detected in Lemonade (LMND) with 3,185 calls trading, 2x expected, and implied vol increasing over 10 points to 62.91%. Nov-24 23 puts and Nov-24 30 calls are the most active options, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 0.56. Earnings are expected on February 25th.

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