Bearish flow noted in Lucid Group (LCID) with 5,204 puts trading, or 1.1x expected. Most active are May-26 10 puts and Jan-26 2.5 (nonstd LCID1) puts, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 2.13, while ATM IV is up over 3 points on the day. Earnings are expected on February 24th.
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