Mixed options sentiment in Rivian (RIVN), with shares down 3c near $15.37. Options volume relatively light with 73k contracts traded and calls leading puts for a put/call ratio of 0.38, compared to a typical level near 0.45. Implied volatility (IV30) is higher by 4.7 points near 73.91,in the top quartile of the past year, suggesting an expected daily move of $0.72. Put-call skew flattened, suggesting a modestly bullish tone, following an upgrade to Neutral at DA Davidson.
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