Bullish flow in Rivian (RIVN), with shares up 6c, or 0.5%, near $13.15. Options volume running well above average with 135k contracts traded and calls leading puts for a put/call ratio of 0.47, compared to a typical level near 0.52. Implied volatility (IV30) is higher by 2.3 points near 49.66,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.41. Put-call skew flattened, suggesting a modestly bullish tone.
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