Bullish option flow detected in Rivian (RIVN) with 77,444 calls trading, 1.5x expected, and implied vol increasing over 3 points to 67.16%. 7/11 weekly 13 calls and 7/11 weekly 13.5 calls are the most active options, with total volume in those strikes near 21,300 contracts. The Put/Call Ratio is 0.37. Earnings are expected on August 5th.
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