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Bullish flow in Rivian with shares up 0.88%

Bullish flow in Rivian (RIVN), with shares up 17c, or 0.88%, near $19.58. Options volume relatively light with 111k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.49. Implied volatility (IV30) is higher by 3.1 points near 65.3,and below the 52wk median, suggesting an expected daily move of $0.81. Put-call skew flattened, suggesting a modestly bullish tone.

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