On December 23, Eastern Time, Luminar Tech options saw a total of 94252 contracts traded, with calls accounting for 58% and puts making up 41%.
Luminar Tech has 549730 contracts outstanding, with calls accounting for 53% and puts making up 46%.
The top volume gainer was the 0.5 dollars Call option expiring on December 26, 2025, with 1336 contracts traded.
On the news front, Based on recent key news:

1. Dec 23, Luminar Technologies entered bankruptcy with a Restructuring Support Agreement backed by a significant majority of its noteholders. CEO Paul Ricci cited legacy debt obligations and the pace of industry adoption as primary challenges. The company expects to continue its daily operations uninterrupted, funded by approximately $25 million in cash on hand. Luminar shares were down 64.53%, trading slightly below 22 cents. Source: Benzinga.

2. Dec 21, Luminar's financial struggles were exacerbated by its reliance on costly materials and low production yields. The company faced significant challenges in aligning with its major customer, Volvo, leading to the termination of their contract. This further strained Luminar's financial position. Source: Benzinga.

3. Dec 22, Tesla faced regulatory challenges with the DMV, which threatened to suspend its sales and manufacturing licenses in the state for 30 days. This regulatory pressure added to the overall negative sentiment in the autonomous vehicle sector. Source: TechCrunch.Autonomous vehicle sector faces significant challenges.
Please note: The chart below does not include options expiring within five days.
<img src="https://assets.lbctrl.com/h5hub/optrank/images/2025-12-24/ST_US_LAZR_en.png" alt="image" original-src="https://assets.lbctrl.com/h5hub/optrank/images/2025-12-24/ST_US_LAZR_en.png"/>

LAZR

On December 23, Eastern Time, Luminar Tech options saw a total of 94252 contracts traded, with calls accounting for 58% and puts making up 41%.

- On December 23, LAZR options totaled 94,252 contracts, with call options at 58% and put options at 41%.  
- Luminar's partnership with Volvo was terminated on December 21 due to algorithm conflicts, leading to significant stock declines, while the company announced bankruptcy proceedings on December 23 with creditor support.  
- Additionally, Tesla faces risks regarding its sales and manufacturing permits in California, which has negatively impacted market confidence in autonomous driving technology amidst intensified competition in the lidar market.

Trending | LAZR Plummets 13% on Tuesday, Some Put options Increases 14%