Bullish option flow detected in Lyft (LYFT) with 21,577 calls trading, 2x expected, and implied vol increasing over 4 points to 47.62%. 6/13 weekly 16.5 calls and Jul-25 17 calls are the most active options, with total volume in those strikes near 13,000 contracts. The Put/Call Ratio is 0.26. Earnings are expected on August 6th.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LYFT:
- Mixed options sentiment in Lyft with shares down 2.11%
- Lyft Board Member Ariel Cohen Resigns Amid Changes
- Alphabet Stock (GOOGL) Accelerates as Waymo Predicted to Hit $6B in Bookings by 2034
- Lyft’s Growth Potential: Buy Rating Backed by Technological Advancements and Strategic Expansions
- Lyft price target raised to $28 from $26 at Tigress Financial