Mixed options sentiment in Rivian with shareslittle changed

Mixed options sentiment in Rivian (RIVN), with shares down 2c near $15.26. Options volume relatively light with 48k contracts traded and calls leading puts for a put/call ratio of 0.55, compared to a typical level near 0.48. Implied volatility (IV30) dropped 0.27 near 75.73,in the top quartile of the past year, suggesting an expected daily move of $0.73. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Rivian (RIVN) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.