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Lyft call volume above normal and directionally bullish

Bullish option flow detected in Lyft (LYFT) with 16,335 calls trading, 1.4x expected, and implied vol increasing almost 9 points to 68.42%. Jan-26 15 calls and 4/11 weekly 14 calls are the most active options, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 0.51. Earnings are expected on May 7th.

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