Mixed options sentiment in Rivian (RIVN), with shares up 22c, or 1.53%, near $14.88. Options volume roughly in line with average with 162k contracts traded and calls leading puts for a put/call ratio of 0.32, compared to a typical level near 0.49. Implied volatility (IV30) dropped 0.02 near 64.35,and below the 52wk median, suggesting an expected daily move of $0.60. Put-call skew steepened, indicating increased demand for downside protection.
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