Bullish option flow detected in Rivian with 70,680 calls trading, 2x expected, and implied vol increasing almost 2 points to 72.70%. 7/5 weekly 15 calls and 7/5 weekly 14 calls are the most active options, with total volume in those strikes near 21,700 contracts. The Put/Call Ratio is 0.31. Earnings are expected on August 6th.
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