Mixed options sentiment in Lucid Group (LCID), with shares up 10c, or 0.41%, near $23.07. 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 0.76. Implied volatility (IV30) dropped 2.52 near 88.66,and below the 52wk median, suggesting an expected daily move of $1.29. Put-call skew steepened, indicating increased demand for downside protection.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LCID:
