Bullish option flow detected in Rivian (RIVN) with 70,346 calls trading, 1.6x expected, and implied vol increasing almost 3 points to 56.13%. May-26 15 calls and May-26 14.5 calls are the most active options, with total volume in those strikes near 19,700 contracts. The Put/Call Ratio is 0.18. Earnings are expected on August 4th.
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