Mixed options sentiment in Rivian with shares down 0.23%

Mixed options sentiment in Rivian (RIVN), with shares down 3c near $13.19. Options volume relatively light with 32k contracts traded and calls leading puts for a put/call ratio of 0.34, compared to a typical level near 0.51. Implied volatility (IV30) dropped 0.22 near 49.64,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.41. Put-call skew flattened, suggesting a modestly bullish tone.