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Record option volume in Lyft as shares lift 16%
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Record option volume in Lyft as shares lift 16%

Record option volume in Lyft as shares lift 16%. Shares of the ride share company up up $2.75, or 16.81%, near $19.14 with 30day at-the-money implied volatility up 4.4 points and option volume on track for 750k contracts, eclipsing the record set last year by nearly 25%. Feb 20 calls that expire tomorrow lead list of most-actives with 131k contracts trading from a penny to 33c, including a block of 50k sold for 12c just after noon ET when shares were $18.73, possibly closing 50k bought in December as part of a the Feb 20/25 call spread bought for 26c with shares near $14.

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