Lemonade call volume above normal and directionally bullish

Bullish option flow detected in Lemonade with 5,549 calls trading, 1.6x expected, and implied vol increasing almost 4 points to 55.47%. Oct-24 20 calls and Sep-24 20 calls are the most active options, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 0.14. Earnings are expected on October 30th.