Lyft Option Alert: 1,000 Contracts Of Oct 25 $14 Calls Swept Near The Ask At $0.26; Open Interest 2,062; Stock At $13.75 Ahead Of 11/6 Earnings
Portfolio Pulse from Benzinga Newsdesk
An option alert for Lyft shows 1,000 contracts of October 25 $14 calls were swept near the ask price at $0.26, with open interest at 2,062. The stock is currently at $13.75, ahead of its earnings report on November 6.
October 18, 2024 | 2:23 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Lyft's stock is experiencing increased options activity with 1,000 call contracts swept near the ask price, indicating potential bullish sentiment ahead of its earnings report on November 6.
The sweeping of 1,000 call contracts near the ask price suggests that investors are betting on a rise in Lyft's stock price, possibly due to positive expectations for the upcoming earnings report. The current stock price is close to the strike price, which may indicate a bullish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100