Bullish option flow detected in Rivian with 73,240 calls trading, 1.0x expected, and implied vol increasing over 2 points to 77.17%. 5/31 weekly 11 calls and Sep-24 7.5 puts are the most active options, with total volume in those strikes near 18,400 contracts. The Put/Call Ratio is 0.47. Earnings are expected on August 6th.
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