Bullish option flow detected in Lyft with 14,106 calls trading, 3x expected, and implied vol increasing over 2 points to 80.00%. 8/2 weekly 12.5 calls and 8/2 weekly 13 calls are the most active options, with total volume in those strikes near 6,000 contracts. The Put/Call Ratio is 0.14. Earnings are expected on August 7th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LYFT:
- Uber, Lyft Win Epic California Court Ruling for Gig Workers
- California Supreme Court sides with Uber and Lyft over Prop. 22
- California Supreme Court sides with gig companies in Prop. 22 ruling
- California Supreme Court says gig law does not violate constitution
- Lyft to resolve lawsuit over assaults by drivers, Reuters reports
