Bullish option flow detected in Rivian with 35,051 calls trading, 1.2x expected, and implied vol increasing over 4 points to 82.70%. 7/12 weekly 16 calls and 7/12 weekly 15.5 calls are the most active options, with total volume in those strikes near 13,700 contracts. The Put/Call Ratio is 0.29. Earnings are expected on August 6th.
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