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Mixed options sentiment in Lucid Group with shares down 0.69%

Mixed options sentiment in Lucid Group (LCID), with shares down 2c near $2.17. Options volume relatively light with 11k contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 0.46. Implied volatility (IV30) is higher by 1.1 points near 80.43,in the bottom quartile of the past year, suggesting an expected daily move of $0.11. Put-call skew steepened, indicating increased demand for downside protection.

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