Bullish flow in Rivian (RIVN), with shares up 48c, or 3.44%, near $14.43. Options volume roughly in line with average with 110k contracts traded and calls leading puts for a put/call ratio of 0.21, compared to a typical level near 0.43. Implied volatility (IV30) is higher by 3.2 points near 56.7,in the bottom quartile of the past year, suggesting an expected daily move of $0.52. Put-call skew flattened, suggesting a modestly bullish tone.
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