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Rivian call volume above normal and directionally bullish

Bullish option flow detected in Rivian (RIVN) with 75,631 calls trading, 3x expected, and implied vol increasing over 3 points to 72.70%. 12/5 weekly 18 calls and 12/5 weekly 19 calls are the most active options, with total volume in those strikes near 53,000 contracts. The Put/Call Ratio is 0.32. Earnings are expected on February 19th.

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