Bullish flow in Rivian (RIVN), with shares up 89c, or 5.42%, near $17.30. Options volume nearly triple the daily average with 339k contracts traded and calls leading puts for a put/call ratio of 0.4, compared to a typical level near 0.45. Implied volatility (IV30) is higher by 6.2 points near 68.26,and above the 52wk median, suggesting an expected daily move of $0.74. Put-call skew flattened, suggesting a modestly bullish tone.
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