Mixed options sentiment in Rivian (RIVN), with shares down 2c near $14.84. Options volume roughly in line with average with 111k contracts traded and calls leading puts for a put/call ratio of 0.26, compared to a typical level near 0.48. Implied volatility (IV30) dropped 1.38 near 61.8,and below the 52wk median, suggesting an expected daily move of $0.58. Put-call skew steepened, indicating increased demand for downside protection.
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