Option traders moderately bearish in Lucid Group (LCID), with shares down 2c near $2.07. Options volume more than double the daily average with 117k contracts traded and puts leading calls for a put/call ratio of 1.15, compared to a typical level near 0.4. Implied volatility (IV30) is higher by 6.2 points near 81.2,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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