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Lithium Americas call volume above normal and directionally bullish

Bullish option flow detected in Lithium Americas (LAC) with 29,774 calls trading, 10x expected, and implied vol increasing over 1 point to 91.46%. 5/8 weekly 5.5 calls and Jan-27 10 calls are the most active options, with total volume in those strikes near 6,500 contracts. The Put/Call Ratio is 0.03. Earnings are expected on May 14th.

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