In Wednesday's Blitz Daily with Lance Ippolito, we take a look at electric vehicle upstart Lucid Group as the lockup period for many of its SPAC investors expires.
Wednesday was a welcome change of pace for Lucid shareholders. As noted in our most recent New Money Crew Weekend Watchlist, Wednesday’s trading marks the first opportunity for many of its early SPAC investors to freely trade their holdings.
Shares of the Tesla challenger dropped more than 18% in the lead-up to Wednesday’s event. But the session saw the stock rip nearly 7.5% from its open before closing about 2% higher, ending a sharp, three-day slide as bulls poured into the stock and options chain!
And if that Lucid trade doesn’t get your motor running, there are four more fast-moving options trades waiting inside...
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