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Rivian call volume above normal and directionally bullish

Bullish option flow detected in Rivian (RIVN) with 76,818 calls trading, 5x expected, and implied vol increasing over 4 points to 66.18%. 11/14 weekly 17 calls and Jan-27 25 calls are the most active options, with total volume in those strikes near 37,700 contracts. The Put/Call Ratio is 0.17. Earnings are expected on February 19th.

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