Option traders moderately bearish in Lucid Group (LCID), with shares down 39c near $12.52. Options volume roughly in line with average with 43k contracts traded and calls leading puts for a put/call ratio of 0.25, compared to a typical level near 1.22. Implied volatility (IV30) is higher by 3.3 points near 97.2,in the top quartile of the past year, suggesting an expected daily move of $0.77. Put-call skew steepened, indicating increased demand for downside protection.
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