Mixed options sentiment in Rivian (RIVN), with shares down $-0.04 (-0.27%) near $14.83

Options volume is roughly in line with average, with 138k contracts traded and calls leading puts for a put/call ratio of 0.56, compared to a typical level near 0.6. Implied volatility (IV30) rose 1.68 to 55.51,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.52. Put-call skew flattened, suggesting a modestly bullish tone. following a downgrade to Hold at Jefferies.