Bullish option flow detected in Rivian (RIVN) with 65,866 calls trading, 1.1x expected, and implied vol increasing over 1 point to 59.10%. 5/22 weekly 13.5 calls and 5/22 weekly 14 calls are the most active options, with total volume in those strikes near 12,600 contracts. The Put/Call Ratio is 0.36. Earnings are expected on August 4th.
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