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Rivian call volume above normal and directionally bullish

Bullish option flow detected in Rivian with 95,515 calls trading, 1.2x expected, and implied vol increasing over 1 point to 84.73%. 3/1 weekly 16 calls and 2/9 weekly 15.5 calls are the most active options, with total volume in those strikes near 26,500 contracts. The Put/Call Ratio is 0.35. Earnings are expected on February 21st.

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