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Lithium Americas call volume above normal and directionally bullish

Bullish option flow detected in Lithium Americas (LAC) with 39,464 calls trading, 3x expected, and implied vol increasing over 3 points to 92.39%. Jan-27 7.5 calls and May-26 6 calls are the most active options, with total volume in those strikes near 10,700 contracts. The Put/Call Ratio is 0.08. Earnings are expected on May 14th.

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