Moderately bullish activity in Rivian (RIVN), with shares up 30c, or 1.72%, near $17.45. Options volume running well above average with 182k contracts traded and calls leading puts for a put/call ratio of 0.28, compared to a typical level near 0.43. Implied volatility (IV30) dropped 0.0 near 70.2,and above the 52wk median, suggesting an expected daily move of $0.77. Put-call skew flattened, suggesting a modestly bullish tone.
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