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Bullish flow in Rivian with shares up 6.19%

Bullish flow in Rivian (RIVN), with shares up 89c, or 6.19%, near $15.27. Options volume more than double the daily average with 226k contracts traded and calls leading puts for a put/call ratio of 0.24, compared to a typical level near 0.41. Implied volatility (IV30) is higher by 2.1 points near 64.99,and below the 52wk median, suggesting an expected daily move of $0.63. Put-call skew flattened, suggesting a modestly bullish tone.

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