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Lucid Group call volume above normal and directionally bullish

Lucid Group call volume above normal and directionally bullish

Bullish option flow detected in Lucid Group with 77,359 calls trading, 1.7x expected, and implied vol increasing almost 11 points to 92.84%. 7/14 weekly 8 calls and 7/14 weekly 7.5 calls are the most active options, with total volume in those strikes near 25,400 contracts. The Put/Call Ratio is 0.19. Earnings are expected on August 3rd.

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