Moderately bullish activity in Rivian (RIVN), with shares up 14c, or 1.06%, near $13.34. Options volume roughly in line with average with 78k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.47. Implied volatility (IV30) dropped 0.63 near 65.59,and below the 52wk median, suggesting an expected daily move of $0.55. Put-call skew flattened, suggesting a modestly bullish tone.
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