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Luminar Technologies call volume above normal and directionally bullish

Bullish option flow detected in Luminar Technologies with 17,710 calls trading, 3x expected, and implied vol increasing over 2 points to 95.16%. Jul-23 7.5 calls and Jul-23 8 calls are the most active options, with total volume in those strikes near 14,600 contracts. The Put/Call Ratio is 0.09. Earnings are expected on August 8th.

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