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Lemonade call volume above normal and directionally bullish

Bullish option flow detected in Lemonade with 3,164 calls trading, 1.8x expected, and implied vol increasing over 1 point to 74.17%. Mar-23 23 calls and Mar-23 24 calls are the most active options, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 0.28. Earnings are expected on February 22nd.

Published first on TheFly

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