They just announced the Mercedes deal that they said would raise their business by “an order of magnitude”. They are announcing 4th quarter earnings and are supposed to make a few more major announcements. With 200k call options between $7.50 and $9.50 expiring Friday, the catalyst of good news could easily cause a decent squeeze. Held with high volume above the options that expired on Friday, so seems like it has a good chance it can repeat this week. Just saying not sure a put is the way to play this one.

“At Luminar Day we will unveil our technology roadmap, as well as our near-term and long-term financial plan, including Q4 and full-year 2022 financials.”