Bullish option flow detected in Rivian with 29,457 calls trading, 2x expected, and implied vol increasing over 1 point to 75.09%. 1/27 weekly 18 calls and 1/27 weekly 18.5 calls are the most active options, with total volume in those strikes near 19,800 contracts. The Put/Call Ratio is 0.19. Earnings are expected on February 28th.
Published first on TheFly
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