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Bullish flow in Rivian with shares up 3.95%

Bullish flow in Rivian (RIVN), with shares up 51c, or 3.95%, near $13.41. Options volume roughly in line with average with 94k contracts traded and calls leading puts for a put/call ratio of 0.37, compared to a typical level near 0.42. Implied volatility (IV30) is higher by 1.1 points near 58.7,and below the 52wk median, suggesting an expected daily move of $0.50. Put-call skew flattened, suggesting a modestly bullish tone.

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