Mixed options sentiment in Lucid Group (LCID), with shares up 30c, or 10.64%, near $3.12. Options volume more than double the daily average with 481k contracts traded and calls leading puts for a put/call ratio of 0.21, compared to a typical level near 0.68. Implied volatility (IV30) dropped 1.39 near 114.91, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.23. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Lucid Group (LCID) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
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