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Lyft call volume above normal and directionally bullish

Bullish option flow detected in Lyft with 15,984 calls trading, 1.1x expected, and implied vol increasing almost 3 points to 82.45%. 7/26 weekly 13 calls and 8/2 weekly 13.5 calls are the most active options, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 0.39. Earnings are expected on August 7th.

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