Bullish option flow detected in Rivian with 130,293 calls trading, 3x expected, and implied vol increasing almost 2 points to 80.30%. 7/12 weekly 18 calls and 7/12 weekly 17 calls are the most active options, with total volume in those strikes near 27,000 contracts. The Put/Call Ratio is 0.47. Earnings are expected on August 6th.
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