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Lyft call volume above normal and directionally bullish
The Fly

Lyft call volume above normal and directionally bullish

Bullish option flow detected in Lyft with 16,289 calls trading, 1.5x expected, and implied vol increasing over 1 point to 47.36%. Jul-24 15 calls and 7/5 weekly 14.5 calls are the most active options, with total volume in those strikes near 4,600 contracts. The Put/Call Ratio is 0.41. Earnings are expected on August 8th.

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