Bullish option flow detected in Rivian with 69,837 calls trading, 3x expected, and implied vol increasing over 3 points to 72.44%. 9/27 weekly 12.5 calls and 9/27 weekly 12 calls are the most active options, with total volume in those strikes near 27,900 contracts. The Put/Call Ratio is 0.26. Earnings are expected on November 5th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RIVN: