Bullish option flow detected in Rivian with 39,426 calls trading, 1.1x expected, and implied vol increasing almost 4 points to 67.02%. Mar-25 11.5 calls and Mar-25 12 calls are the most active options, with total volume in those strikes near 10,400 contracts. The Put/Call Ratio is 0.24. Earnings are expected on May 6th.
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