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Lyft Inc. (LYFT) stock had large, unusual call options activity yesterday. This highlights how LYFT stock looks cheap to call option buyers. That could be because LYFT expects large free cash flow and FCF margins this year.
LYFT ended 2024 at a recent trough of $12.90 per share, well off its recent high of $18.59 on Nov. 11. That was after the company's strong Q3 results released on Nov. 6.