On December 16, Eastern Time, Luminar Tech options saw a total of 85415 contracts traded, with calls accounting for 31% and puts making up 68%.
Luminar Tech has 578023 contracts outstanding, with calls accounting for 48% and puts making up 51%.
The top volume gainer was the 0.5 dollars Call option expiring on December 19, 2025, with 1507 contracts traded.
On the news front, Based on recent key news:

1. Dec 15, Luminar Technologies filed for Chapter 11 bankruptcy, supported by 91.3% of first lien noteholders. This led to a significant drop in stock price, reaching an all-time low of 33 cents. Source: Benzinga

2. Dec 15, Luminar announced the sale of its photonics business to Quantum Computing for $110 million. This strategic move aims to maximize value during bankruptcy proceedings. Source: Reuters

3. Dec 15, Volvo terminated its contract with Luminar, which was a major blow as Volvo was a key customer. This contract termination contributed to the financial instability of Luminar. Source: BloombergLiDAR industry faces high costs, low demand.
Please note: The chart below does not include options expiring within five days.
<img src="https://assets.lbctrl.com/h5hub/optrank/images/2025-12-17/ST_US_LAZR_en.png" alt="image" original-src="https://assets.lbctrl.com/h5hub/optrank/images/2025-12-17/ST_US_LAZR_en.png"/>

LAZR

On December 16, Eastern Time, Luminar Tech options saw a total of 85415 contracts traded, with calls accounting for 31% and puts making up 68%.

- On December 16, LAZR options trading totaled 85,415 contracts, with calls making up 31% and puts 68%.  
- Luminar announced Chapter 11 bankruptcy on December 15, following the termination of its contract with Volvo, accumulating debts of $1 billion, which significantly impacted its stock price.  
- The company also sold its semiconductor subsidiary for $110 million, but faced pessimism regarding its future, exacerbated by the removal of its founder due to ethical issues.

Trending | LAZR Plummets 11% on Tuesday, Some Put options Increases 1%