Bullish option flow detected in Lucid Group (LCID) with 26,270 calls trading, 6x expected, and implied vol increasing over 6 points to 86.13%. 1/23 weekly 11.5 calls and 1/23 weekly 11 calls are the most active options, with total volume in those strikes near 11,500 contracts. The Put/Call Ratio is 0.16. Earnings are expected on February 24th.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LCID:
- Largest borrow rate increases among liquid names
- Rockwell Automation to power Lucid Group manufacturing facility in Saudi Arabia
- Lucid Group Slides as Bold EV Bets Test Investor Nerves
- Lucid Stock (LCID) Eyes a Rebound as Saudi Factory Gears Up for Full Production
- Charged: EU sets guidance on price offers for Chinese EV exports