Bullish option flow detected in Lithium Americas (LAC) with 46,340 calls trading, 4x expected, and implied vol increasing almost 5 points to 86.94%. Jan-26 6 calls and 1/23 weekly 6 calls are the most active options, with total volume in those strikes near 11,900 contracts. The Put/Call Ratio is 0.06. Earnings are expected on March 27th.
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Read More on LAC:
- Lithium Americas price target raised to $7 from $5 at Scotiabank
- Unusually active option classes on open January 12th
- Lithium Americas participates in a conference call with JPMorgan
- Lithium Americas Joins S&P/TSX Composite Index, Marking Major Milestone
- Lithium Americas upgraded to Buy from Market Perform at Cormark