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Lemonade call volume above normal and directionally bullish
The Fly

Lemonade call volume above normal and directionally bullish

Bullish option flow detected in Lemonade with 14,198 calls trading, 5x expected, and implied vol increasing over 12 points to 93.23%. Sep-24 25 calls and Jul-24 20 calls are the most active options, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 0.12. Earnings are expected on July 30th.

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