Moderately bullish activity in Rivian (RIVN), with shares down 46c near $13.51. Options volume more than double the daily average with 218k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.43. Implied volatility (IV30) is higher by 0.9 points near 60.29,and below the 52wk median, suggesting an expected daily move of $0.51. Put-call skew flattened, suggesting a modestly bullish tone.
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