Moderately bullish activity in Rivian (RIVN), with shares down 10c near $13.16. Options volume relatively light with 60k contracts traded and calls leading puts for a put/call ratio of 0.74, compared to a typical level near 0.43. Implied volatility (IV30) is higher by 1.1 points near 76.43,in the top quartile of the past year, suggesting an expected daily move of $0.63. Put-call skew flattened, suggesting a modestly bullish tone.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RIVN:
- Charged: Tesla teaser sparks speculation of mass market model
- Trump Trade: Trump administration discusses taking stake in Critical Metals
- Rivian price target raised to $13 from $12 at UBS
- ‘Looking for Its Mojo’: George Gianarikas Weighs In on Rivian Stock
- Rivian Automotive Faces Challenges Amid Stock Slide