Bullish flow in Rivian (RIVN), with shares up 78c, or 4.79%, near $16.95. Options volume roughly in line with average with 78k contracts traded and calls leading puts for a put/call ratio of 0.44, compared to a typical level near 0.44. Implied volatility (IV30) is higher by 1.1 points near 64.44,and below the 52wk median, suggesting an expected daily move of $0.69. Put-call skew flattened, suggesting a modestly bullish tone.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RIVN: