Lucid Gr Option Alert: Jan 19 $5 Calls Sweep (12) near the Ask: 2809 @ $0.21 vs 21864 OI; Ref=$4.40
Portfolio Pulse from Charles Gross
An options sweep for Lucid Group was observed, with a trader buying 2,809 contracts of the $5 call options expiring on January 19th at $0.21 each when the stock was trading at $4.40. This is compared to an open interest of 21,864 contracts, indicating a significant transaction relative to the existing open positions.
December 13, 2023 | 7:46 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
The large purchase of Lucid Group call options suggests bullish sentiment from the trader, potentially indicating a short-term positive outlook on the stock.
The purchase of a large number of call options usually reflects a bullish sentiment by the trader, implying an expectation that the stock price will increase. Given the size of the transaction relative to the open interest, this could have a positive impact on investor sentiment and potentially lead to a short-term rise in LCID's stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80