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Luminar Technologies call volume above normal and directionally bullish

Bullish option flow detected in Luminar (LAZR) Technologies with 19,473 calls trading, 3x expected, and implied vol increasing over 1 point to 122.78%. 3/28 weekly 6.5 calls and 3/28 weekly 6 puts are the most active options, with total volume in those strikes near 5,900 contracts. The Put/Call Ratio is 0.38. Earnings are expected on May 6th.

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