Bullish flow in Rivian (RIVN), with shares up $1.42, or 9.29%, near $16.64. Options volume more than double the daily average with 277k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.45. Implied volatility (IV30) is higher by 4.4 points near 64.49,and below the 52wk median, suggesting an expected daily move of $0.68. Put-call skew flattened, suggesting a modestly bullish tone.
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