Moderately bullish activity in Rivian (RIVN), with shares down 10c near $13.16. Options volume relatively light with 60k contracts traded and calls leading puts for a put/call ratio of 0.74, compared to a typical level near 0.43. Implied volatility (IV30) is higher by 1.1 points near 76.43,in the top quartile of the past year, suggesting an expected daily move of $0.63. Put-call skew flattened, suggesting a modestly bullish tone.
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