Bullish option flow detected in Rivian with 39,241 calls trading, 1.4x expected, and implied vol increasing over 4 points to 73.91%. 4/4 weekly 13.5 calls and 4/4 weekly 13 calls are the most active options, with total volume in those strikes near 14,400 contracts. The Put/Call Ratio is 0.21. Earnings are expected on May 6th.
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