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Luminar Technologies call volume above normal and directionally bullish

Bullish option flow detected in Luminar Technologies with 9,743 calls trading, 1.6x expected, and implied vol increasing over 6 points to 86.11%. Jul-23 7 calls and 7/14 weekly 7 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.14. Earnings are expected on August 7th.

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