Lyft call volume above normal and directionally bullish

Bullish option flow detected in Lyft with 20,555 calls trading, 1.5x expected, and implied vol increasing over 2 points to 82.26%. Aug-23 14 calls and Jun-24 12 calls are the most active options, with total volume in those strikes near 11,600 contracts. The Put/Call Ratio is 0.15. Earnings are expected on August 3rd.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on LYFT:

Disclaimer & DisclosureReport an Issue