Bullish option flow detected in Lemonade with 6,593 calls trading, 2x expected, and implied vol increasing almost 2 points to 80.36%. Jul-23 20.5 calls and Jan-24 27 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.41. Earnings are expected on August 2nd.
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