Mixed options sentiment in Rivian (RIVN), with shares up 2c, or 0.1%, near $14.62. Options volume roughly in line with average with 94k contracts traded and calls leading puts for a put/call ratio of 0.76, compared to a typical level near 0.45. Implied volatility (IV30) dropped 2.11 near 52.66,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.48. Put-call skew steepened, indicating increased demand for downside protection.
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