Bullish flow in Rivian (RIVN), with shares up 6c, or 0.5%, near $13.15. Options volume running well above average with 135k contracts traded and calls leading puts for a put/call ratio of 0.47, compared to a typical level near 0.52. Implied volatility (IV30) is higher by 2.3 points near 49.66,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.41. Put-call skew flattened, suggesting a modestly bullish tone.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RIVN:
- Why Rivian’s (RIVN) New R2 SUV Is Catching Wall Street’s Attention
- Charged: Eversource dips as Trump says no more ‘wind or farmer destroying solar’
- Rivian’s R2 Launch and Market Expansion Drive Buy Rating with $14 Price Target
- Moderately bullish activity in Rivian with shares up 6.39%
- Canada to drop many U.S. tariffs, likely keep duties on autos, Bloomberg says